Showing 1 - 10 of 10
Life expectancy around the world has increased substantially since 1970. In contrast, consump-tion per capita has fallen in some countries, remained stagnant, or sharply increased in others.What are the welfare gains of the systematic increase in life expectancy around the world? Howdoes a "full...
Persistent link: https://www.econbiz.de/10009652058
Stochastic dominance (SD) is commonly used to rank income distribution and assesssocial policies. The literature argues that SD is a robust criterion for policy evaluationbecause it requires minimal knowledge of the social welfare function. We argue that,on the contrary, SD is not a robust...
Persistent link: https://www.econbiz.de/10010639464
We document various limitations of the expected utility model for the study of health and longevity. The model assumes individuals are indifferent between early and late resolution of uncertainty. This assumption gives rise to predictions regarding the economic value of life that are...
Persistent link: https://www.econbiz.de/10010633162
 Over the past 45 years, meatpacking has shifted from a predominantly urban to a predominantly rural industry. Meatpacking plants can represent a significant share of a rural community’s employment. As a traditional employer of immigrants, these plants can also alter significantly the...
Persistent link: https://www.econbiz.de/10005007533
Significant government support for biofuels has led to rapid growth in U.S. ethanol production and research to develop more advanced biofuels. In this paper we construct a general equilibrium, open economy model that captures the rationale typically invoked to justify government intervention in...
Persistent link: https://www.econbiz.de/10005007534
The economics of geographical indications (GIs) is assessed within a vertical product differentiation framework that is consistent with the competitive structure of the agricultural sector with free entry/exit. It is assumed that certification costs are needed for GIs to serve as (collective)...
Persistent link: https://www.econbiz.de/10005441673
This paper provides a systematic welfare-based approach to analyze the impact of non-tariff measures (NTMs) on trade and welfare in presence of market imperfections. We focus on standard-like measures such as technical barriers and sanitary and phytosanitary regulations. The approach overcomes...
Persistent link: https://www.econbiz.de/10008799397
We assess the literature on public and private quality standards and their impact in food markets, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with special attention to the North-South context. We also...
Persistent link: https://www.econbiz.de/10011185231
Using U.S. Census data from 1950 to 2000, this paper provides a framework to compare the responses of immigrant and native population growth to the economic incentives offered by rural counties in the Midwest and the South. We find that in marked contrast to traditional destinations for new...
Persistent link: https://www.econbiz.de/10005437493
We assess the literature on public and private quality standards and their impact in food markets, international trade, and global supply chains. We focus on their effects on welfare, trade, industrial organization, and labor markets and with special attention to the North-South context. We also...
Persistent link: https://www.econbiz.de/10011191455