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We propose a tractable variant of the open economy neoclassical growth model that emphasizes political economy and contracting frictions. The political economy frictions involve disagreement and political turnover, while the contracting friction is a lack of commitment regarding foreign debt. We...
Persistent link: https://www.econbiz.de/10010878015
We study a 2-player Blotto game where the n items have asymmetric values. The winner of each item is determined stochastically using a lottery mechanism. We analyze two payoff objectives: (i) players maximize their total expected payoffs and (ii) players maximize their probability of winning a...
Persistent link: https://www.econbiz.de/10010878526
Big Food Retail and Power: an economic-political estimation. Increasing market power of big retail into the agro-food supply chain depends on economic, institutional, cultural and policy factors. It is a multi-faceted issue that moves us to take into account not only the economic aspects but the...
Persistent link: https://www.econbiz.de/10010878670
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From 2010 through 2012 harvest seasons, Zambian farmers produced three consecutive maize bumper harvests. The total maize production during this period was 8.6 million metric tonness, of which 4.6 million metric tonnes was a marketable surplus (CSO/MAL various years). This far exceeded the...
Persistent link: https://www.econbiz.de/10010878816
The present paper aims to give insight into critical issues contributing to the successful building of viable and sustainable regional netchains, focussing on chain governance mechanisms (coordination mechanisms, quality management systems, information systems) and social embedding. It uses...
Persistent link: https://www.econbiz.de/10010878853
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The IFAMR is published quarterly by the International Food and Agribusiness Management Association. More info: www.ifama.org
Persistent link: https://www.econbiz.de/10010878894
At the beginning we delimited agricultural areas. Then we compared the picture obtained with the spatial diversity of human capital. The analysis of human capital was based on three groups of measures. They are related to investments on human capital, its resources and effectiveness of its...
Persistent link: https://www.econbiz.de/10010878928
The paper expounds on the challenges confronting institutions of higher agricultural education (HAE) in the context of the significant role of education in alleviating poverty, especially in rural areas, and in light of the changing needs of rural areas and economies. Specifically, HAE...
Persistent link: https://www.econbiz.de/10010878940