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We show using a theoretical framework that embeds a voting model in a general-equilibrium model of a rural economy with two interest groups defined by land ownership that the effects of democratization - a shift from control of public resources by the landed elite to a democratic regime with...
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We study the consequences of dynamic complementarities in the production of child human capital for the relationship between risk and schooling investment in a low income setting. In contrast to previous literature, we explore the ex ante response of schooling to risk. We develop a model that...
Persistent link: https://www.econbiz.de/10012453672
This chapter considers the linkages between agricultural development and rural non-farm activities. The chapter is motivated by growing evidence that non-farm activities provide an increasingly important share of rural incomes in many low-income questions, questions about whether increasing...
Persistent link: https://www.econbiz.de/10014024673