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The authors build a model of child labor and study its implication for welfare and fertility. Assuming there is a trade-off between child labor and human capital accumulation, we derive conditions under which child labor is socially inefficient. Even if parents are altruistic, child labor may...
Persistent link: https://www.econbiz.de/10005776061
The autors study the implications of the trade-off between child quality and child quantity for the efficiency of the rate of population growth. They show that if quantity and quality are inversely related then, even in the case of full altruism within the family, population growth is...
Persistent link: https://www.econbiz.de/10005625601
Genetic selection is an important breeding tool that can be used for improving the animal's coping capability to modern production environments or for increasing economic benefits. However, over the past five decades, commercial breeding programmes have primarily concentrated on traits directly...
Persistent link: https://www.econbiz.de/10009429497
US agriculture operates in a market driven economy, although government policies can have influence on what farmers produce and how they produce it. As with other businesses, agricultural producers respond to economic incentives and disincentives, and make decisions to maximize their welfare;...
Persistent link: https://www.econbiz.de/10009429499
Multiple sectors within U.S. crop industries - - -growers, elevators, handlers/shell- ers, processors, distributors, and consumers - - -are affected by aflatoxin contamination of commodities, and have the potential to control it using methods developed at both the pre- and postharvest levels....
Persistent link: https://www.econbiz.de/10009429567