The real estate collateral effect suggests that real estate price growth raises firms’ debt capacity and therefore investment. This study argues that appreciation of real estate prices can push up production costs and thus discourage investment incentives. To examine this hypothesis, we...

In this book, a model of long-term interrelationships between income distribution, population growth and economic development is developed and estimated from data for 54 countries. The results indicate that a reduction of income inequality leads to lower fertility and mortality, to improvedbasic...

This book provides an overview of quantitative approaches to analyse the effects of economic policy reforms on sustainable land use in less developed countries (LDCs). Its purpose is to assess recent advances in modelling approaches, to identify key issues in quantifying the relationships, and...

Purpose – The purpose of this paper is to gain more insight into the relationship between off-farm employment of rural households and water-saving investments and irrigation water use in rural China. Design/methodology/approach – Data from a survey held among 317 households in Minle County,...

The impact of China's new rural income support policy and recent price trends on grain production and rural income inequality is assessed for two villages with different degrees of market access in Northeast Jiangxi Province. Two village-level general equilibrium models are used to analyze...