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This paper provides a farm sector comparison of levels of capital input for fourteen OECD countries for the period 1973-2002. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing...
Persistent link: https://www.econbiz.de/10005804930
This paper provides a farm sector comparison of levels of capital input for fourteen OECD countries for the period 1973-2002. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing...
Persistent link: https://www.econbiz.de/10009443487
Satellite-detected luminosity is sometimes used to proxy for economic activity although only recently within the mainstream economics literature (Henderson et al., 2012). If this method works it holds great promise for developing countries with weak statistical systems that face difficulties in...
Persistent link: https://www.econbiz.de/10010880884
Using a comprehensive dataset covering most derivatives trades reported to US exchanges since 1954, we present distributional estimates of the rate at which derivative trading volumes rise and fall. Our results suggest that the lifecycle of cleared derivatives changed fundamentally in the...
Persistent link: https://www.econbiz.de/10010880915
The risk balancing literature suggests that business risk management (BRM) programs may, through risk balancing (offsetting adjustments between business risk and financial risk), lead farmers to take on more financial risk than they would take otherwise, which, in turn, increases the risk of...
Persistent link: https://www.econbiz.de/10010880956
This article analyzes the effects of conflict using a non-linear model and relies heavily on economic theory to define the relationship between conflict and profitability. This research builds on the model of Kretchmer and Puranam (2008), an effort-based model that captures the effects of...
Persistent link: https://www.econbiz.de/10010880988
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