Showing 1 - 10 of 2,297
We investigate the applicability of the present-value asset pricing model to fishing quota markets by applying instrumental variable panel data estimation techniques to 15 years of market transactions from New Zealand’s individual fishing quota market. In addition to the influence of current...
Persistent link: https://www.econbiz.de/10005138452
Fisheries worldwide continue to suffer from the negative consequences of open access. In 1986, New Zealand responded by establishing an individual transferable quota (ITQ) system that by 1998 included 33 species and more than 150 markets for fishing quotas. We assess these markets in terms of...
Persistent link: https://www.econbiz.de/10005442414
accumulation and economic growth are two sides of the same process. Accumulation generates growth and growth fuels accumulation, so … it seems bootless to ask whether capitalists want growth. Growth is their lifeline, and the more of it, the better it is … growth decelerates, the income share of the Top 1% – which includes the capitalists as well as their protective power belt …
Persistent link: https://www.econbiz.de/10011645024
. Farm size is found to be a key determinant of both investment and tenure security. This raises important policy issues for …The relationship between land investment and tenure security is usually tested in land scarce but peaceful areas. This … article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that …
Persistent link: https://www.econbiz.de/10011438824
Persistent link: https://www.econbiz.de/10005059863
and investment high. This paper looks into the role played by the financial sector in the growth process of China and …This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low …
Persistent link: https://www.econbiz.de/10005487777
industrial revolution. The economic crisis is global and reflects the moral swamp that mankind has created. The current economic …
Persistent link: https://www.econbiz.de/10011400431
available evidence to compare the specifics of crisis responses. In this regard it differs from other policy response studies … which ensued, most developing countries responded to the crisis with a convoluted array of policies intended to stabilize … selected. Even among particular policy types, there was tremendous heterogeneity in timing, scale, implementation mechanisms …
Persistent link: https://www.econbiz.de/10010319822
Persistent link: https://www.econbiz.de/10009745020
industrial revolution. The economic crisis is global and reflects the moral swamp that mankind has created. The current economic …
Persistent link: https://www.econbiz.de/10011483649