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In their Food Security Assessment, the U.S. Department of Agriculture uses income data and a cross-country Engel curve for food energy (energy-income curve) to estimate distribution-sensitive food gaps of developing countries. In a recent Review of Agricultural Economics, Senauer and Sur use the...
Persistent link: https://www.econbiz.de/10005662744
This paper addresses the problem of intergenerational and intragenerational distribution in a pay-as-you-go pension system. While each generation pays the pensions of the preceding generation, they also bear the burden of raising the next. The burden of child care is unevenly distributed within...
Persistent link: https://www.econbiz.de/10005819607
Economic modelling of semi-arid rangelands has received much attention in recent literature. A major outstanding issue is how stochastic rainfall and the feedback effect of heavy grazing pressures on vegetation productivity can be accounted for in these models. This paper presents a model for...
Persistent link: https://www.econbiz.de/10008555488
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Persistent link: https://www.econbiz.de/10005572720
In a river claims problem, agents are ordered linearly, and they have both an initial water endowment as well as a claim to the total water resource. We provide characterizations of two solutions to this problem, using Composition properties which have particularly relevant interpretations for...
Persistent link: https://www.econbiz.de/10011256707
We analyse river sharing games in which a set of agents located along a river shares the available water. Using coalition theory, we find that the potential benefits of water trade may not be sufficient to make all agents in the river cooperate and acknowledge property rights as a prerequisite...
Persistent link: https://www.econbiz.de/10011256997
We include initial holdings in the jungle economy of Piccione and Rubinstein (Economic Journal, 2007) and relax the assumptions on consumption sets and preferences. We show that initial holdings are irrelevant for lexicographic welfare maximization. Equilibria other than such maximizers can be...
Persistent link: https://www.econbiz.de/10011257443
Gum arabic is mainly produced from two Acacias that are found in the gum belt of Sub-Saharan Africa. These are Acacia senegal that produces high quality gum and Acacia seyal that produces low quality gum. In recent years the gum market structure has changed and Sudan lost its near monopoly...
Persistent link: https://www.econbiz.de/10011142788