We explore the causal effect of market-oriented pension reform on net foreign direct investment (FDI) inflows in Latin America, which has experienced a wave of pension privatization and FDI in the last two decades. With our balanced panel of 17 countries over the 1991-2006 period, we implement...

The study analyzed the impact of adoption of improved groundnut varieties on farm inputs demand and productivity using instrumental variables approach. The data was collected from a simple random sample of 161 groundnut farmers in Eastern Uganda. Econometric results show significant increase in...

type="main" xml:id="joca12047-abs-0001" While a number of studies have investigated the relationship between debt and psychological well-being, none so far has explored if and how this relationship evolves over time. We seek to fill this gap in the literature by empirically analyzing the impact...

This manuscript proposes a nonparametric regression estimator which can accommodate two empirically relevant data environments. The first data environment assumes that at least one of the explanatory variables is discrete. In such an environment a "cell" approach which consists of partitioning...

Purpose – While the extant literature is replete with theoretical and empirical studies of value at risk (VaR) methods, only a few papers have applied the concept of VaR to quantify market risk in the context of agricultural finance. Furthermore, papers that have done so have largely relied on...

Purpose – While the extant literature is replete with theoretical and empirical studies of value at risk (VaR) methods, only a few papers have applied the concept of VaR to quantify market risk in the context of agricultural finance. Furthermore, papers that have done so have largely relied on...

Building on recent work of Pitchford and Snyder (PS, 2003), this article models effects of alternative property rights regimes on sequential location decisions of two players. A new resident decides whether to “come to the nuisance” by locating next to an existing business or to locate...

This study presents an empirical test of the relationship between market concentration and new product introductions. The analysis uses an annual panel data set of the US processed food industry that spans across the period 1983 to 2004. The estimations depict that market concentration increases...