This paper develops a two-sector growth model incorporating the essential distinguishing features of agriculture, including the reliance of production on a natural resource base as well as on industrially produced inputs, the low income elasticity of demand for food and the life-sustaining...

HIV prevalence dynamics are introduced into a three sector, neoclassical growth model. The model is calibrated to South African national accounts data and used to examine the potential impact of HIV/AIDS on economic growth. Projections portend if left unchecked, the long run impact of HIV and...

This paper addresses the problem of measuring the value of information to an agent in an environment where the agent is risk averse and choices are base on the utility of income and personal beliefs about the likelihood of uncertain outcomes

The theory of the competitive firm under price uncertainty is used to develop a money metric of a producer's willingness to pay for additional information. For a restricted class of utility functions, empirical estimates of the money using secondary data can be derived from the firm's risk...

This study focuses on the relationships between export performance, marketing services and technological differences between industries in Malaysia. The maintained hypothesis of this study is that performance of marketing services is a crucial determinant to successful penetration of the export...