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We assume that people value employment not only to earn income to satisfy their consumption needs but also as a means of community/social involvement that provides socio-psychological (non-pecuniary) benefits. We show that the latter incentive can encourage full employment harvesting resources...
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The International Coffee Agreement (ICA) used export quotas to restrict coffee trade in order to increase and stabilize the international price. A model of domestic pricing policy is developed which shows that the producer price should have fallen in response to ICA quotas. Econometric analysis...
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Micro-economic models posit that transaction costs isolate subsistence producers from output market shocks. We integrate microeconomic models of many heterogeneous households into a general-equilibrium model and show that supply on subsistence farms may respond, in apparently perverse ways, to...
Persistent link: https://www.econbiz.de/10011098019
The supply of immigrant workers from Mexico is critical to both agricultural and non-agricultural sectors in the United States. Approximately one half of all Mexican immigrants are females who typically are employed in positions that have minimal legal status requirements, e.g., domestic...
Persistent link: https://www.econbiz.de/10011098020
Expanding concentration in many industries has generated concern about the extent and determinants of these market structure patterns. Understanding such trends requires information on technological characteristics underlying cost efficiency. However, market structure and power analyses are...
Persistent link: https://www.econbiz.de/10011098021
Economic analysis of production processes and performance typically neglects consideration of spatial and industry inter-dependencies that may affect economic performance, although there is increasing theoretical recognition that such linkages may be both substantive and expanding. In...
Persistent link: https://www.econbiz.de/10011098022
The size and significance of public infrastructure investment impacts on costs and productivity of private enterprise, and thus on economic health and growth, has proven nebulous to empirically substantiate. Various studies using alternative theoretical and econometric methodologies, and for...
Persistent link: https://www.econbiz.de/10011098023