We study the link between economic growth and resource endowment in the southeastern United States and find signs of Dutch Disease. Using data for 815 counties in this region, we focus attention on the connection between economic growth and forest resources. Our data support the Dutch Disease...

The paper presents preliminary results of the analysis of cost efficiency of peanut production in the South-Eastern region utilizing data from the 2001 Peanut Farm Costs and Returns Survey. Stochastic cost frontier analysis using both Cobb-Douglas and translog functional forms is used as the...

A competing risks model is implemented to establish the influence of cash flow-based counseling on mortgage loan repayment by rural and urban low-income households. Data from 405 counseled and non-counseled clients are used to test hypotheses about the effectiveness of counseling, duration of...

This study establishes empirically that the financial restrictions faced by micro and small entrepreneurs in Russia influence their investment decisions. Survey data from 305 entrepreneurs are used to identify credit market imperfections resulting from asymmetric information.

This paper evaluates the efficacy of two alternative lending technologies - the traditional banking technology and a cash flow based counseling program - by using competing risks (option-based) and choice theoretic approaches. We find evidence to support the notion that low-income borrowers have...

This paper investigates the influence of board size and board diversity on the performance of Community Development Financial Institutions' operating in the Southeast. The results indicate that at present many CDFI boards are larger than optimal. The results also show that CDFIs generally have...