The high prevalence of risks in low income economies makes managing uncertainty critical for productivity and survival. This paper analyzes seasonal changes in farm households’ per capita consumption and saving in response to weather and health shocks. Using a sample of 196 households in...

This study examines the widely held view that earnings from rural wage employment can help farm households overcome constraints on farm investments. It uses a panel dataset of 359 randomly selected farm households from three resettlement areas in Zimbabwe over the period 1996/97 to 1998/99. It...

This paper critically reviews the effects of the global food and financial crises on developing countries, with specific focus on Africa. While assessments of the intertwined effects of the crises have often focused on short-term transitory causal factors, this paper takes the view that the...

In most sub-Saharan African economies, agriculture is the dominant sector and plays an essential role in rural and overall economic development. Paradoxically, sub-Saharan Africa is the sole region in the developing world where per capita food production has remained low for many years....

In the recent years India’s agricultural sector has experienced significant changes in institutional and policy interventions and productivity at the national and sub-national levels. But although overall production has increased growth has slowed down, inter-state and intra-state...

Pareto welfare criterion based only on people’s willingness to pay for the project’s output is regarded by many as being a narrow interpretation of an improvement in social well-being. A broader opinion is that even though poorer individuals may be less able to pay for a particular...

Retirees represent a strategic issue for rural areas as their numbers grow in proportion to the total population. In order to assess their impact on economic development, a hybrid model, a mixture of Keynesian and economic base theories, was constructed. It was applied to three communities of...

The Supplemental Nutrition Assistance Program (SNAP) is a federal program that provides assistance to low- and no-income people in the United States. Its aim is to increase individuals’ food-purchasing power and improve the nutritional content of their diet. We employed recent advances in...

A lively debate in the literature focuses on the potential for a firm to profit from a loca-tion in a knowledge intensive context. If localized knowledge spillovers are important, firms tend to locate in proximity to capitalize on the knowledge stock of each other and knowledge institutions. We...

Most of the empirical literature on migration in the context of developing countries focuses on migration from rural to urban areas. This paper aims to extend the analysis by incorporating rural-rural migration in Peru for the year of 1997. Based on a theoretical result, three empirical factors...