This comment discusses several aspects of the recent paper by Blanc et al. (2008), focussing on the link between the theoretical and empirical models. It argues that there is an inconsistency between the two models in the way households are segmented into different labour regimes. The...

— Intergenerational transfers are extremely important in family businesses, because of the economic advantages of passing the business to the next generation as a ‘going concern’. In order to pass the business as a ‘going concern’ it is necessary for the operators and the successors to...

This paper uses inequality decomposition techniques in order to analyse the consequences of entrepreneurial activities to household income inequality in southern Ethiopia. A uniform increase in entrepreneurial income reduces per capita household income inequality. This implies that encouraging...

The objective of this paper is to identify factors which limit the ability of Zambian farmers to increase Maize productivity and/or diversify their crop mix. Both may enable wealth accumulation, investments, and further expansion. Specifically, we link variations in agricultural decisions,...

This article studies the relationship between the off-farm participation behavior of farm operators and their spouses and the demographic composition of the household. I focus on farm families without parents, siblings or partners, and examine the effects of the existence of elderly children of...

To the extent that trade policy affects trade flows between countries, the ramifications can be far-reaching from an economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent of trade between countries on changes in the rate of...

The parameters of ordered discrete response (ODR) models are identified only up to a positive scale. In this paper, we examine the identification issue for simultaneous equations with ODR, where the well-known identification problem in simultaneous equations of recovering structural-form...

The performances of alternative two-stage estimators for the endogenous switching regression model with discrete dependent variables are compared, with regard to their usefulness as starting values for maximum likelihood estimation. This is especially important in the presence of large...