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Investing exhaustible resource rents and the path of consumption

Hamilton, Kirk; Hartwick, John - In: Canadian Journal of Economics 38 (2005) 2, pp. 615-621

We set out dollar-valued net national product for an economy with a wasting essential stock (oil deposit). We take up `maintaining capital intact' and locally unchanging consumption. The percentage change in `net investment' or `genuine savings,' relative to the market rate of interest, denotes...

Persistent link: https://www.econbiz.de/10005608958

Price Liberalization and Farmer Welfare Under Risk Aversion: Cotton in Benin and Ivory Coast

MAKDISSI, Paul; WODON, Quentin - Département d'économique, Faculté d'administration - 2004

Commodity producers in Africa often bene?t from guaranteed and relatively stable prices for their crops. This paper shows how to estimate the required increase in crop price necessary to o¤set the higher risk for farmers that price liberalization would entail due to large variations over time...

Persistent link: https://www.econbiz.de/10005609450

Energy Consumption in Transitional Economies: Jevons' Paradox for Romania, Bulgaria, Hungary, and Poland (Part I)

Polimeni, John M; Iorgulescu Polimeni, Raluca - In: Journal for Economic Forecasting 4 (2007) 3, pp. 63-80

develop national energy strategies that would account for the stages of economic development that their countries reached. For …

Persistent link: https://www.econbiz.de/10005612249

ROMANIAN AGRIFOOD SECTOR – MACROECONOMIC CORRELATIONS OF DOMESTIC COMPETITIVENESS

Toderoiu, Filon - In: Journal for Economic Forecasting 1 (2004) 4, pp. 87-105

The paper focuses on analyzing the influence of extensive and intensive factors from agriculture upon gross value added in the period between 1990 and 2000. The extensive factors are labor force and fixed capital endowment, while the intensive factors are gross efficiency of fixed capital and...

Persistent link: https://www.econbiz.de/10005612268

Crop and Milk Production Structure of Smallholders in Ethiopia

Mariam, Yohannes; Coffin, Garth - Volkswirtschaftliche Fakultät, … - 1993

Radical changes took place with respect to several agricultural policies in Ethiopia in 1990-91. Different agricultural technologies were being delivered by several international agencies. Shifts in government policies and technological intervention would induce changes in the production...

Persistent link: https://www.econbiz.de/10005616579

The Contribution of Non-Physical Resources and Strategic Household Decision-making to Environmental and Policy Risks

Mariam, Yohannes; Galaty, John; Coffin, Garth - Volkswirtschaftliche Fakultät, … - 1993

Physical resources such as land, labour and livestock, and nonphysical resources such as indigenous knowledge and institutions of producers in the grain surplus and deficit regions of the Central Highlands of Ethiopia are examined under situation of environmental and policy risks. Frequency...

Persistent link: https://www.econbiz.de/10005616632

Agriculture, Development and Urban Bias

Bezemer, Dirk J; Headey, Derek - Volkswirtschaftliche Fakultät, … - 2007

Throughout history, agriculture-led development strategies with state support programs have been essential to achieving … rapid economy-wide growth, poverty reduction and structural transformation at early stages of development. Yet over the last … development in the poorest countries. This paper studies the causes and manifestations of this ‘urban bias’, including …

Persistent link: https://www.econbiz.de/10005616738

Agricultural Information and Indigenous Knowledge in Peasant Economy

Mariam, Yohannes; Galaty, John - Volkswirtschaftliche Fakultät, … - 1993

. Development strategies could facilitate the attainment of food self-sufficiency if the contents and delivery mechanisms of …

Persistent link: https://www.econbiz.de/10005616854

Investigating Discretionary Environmental Enforcement: a pilot experiment

Germani, Anna Rita; Morone, Andrea; Morone, Piergiuseppe - Volkswirtschaftliche Fakultät, … - 2009

In this work, we conducted a laboratory experiment in order to test the findings of a theoretical environmental enforcement model played as a strategic game where the firm’s behavior is influenced by the course of actions discretionally undertaken by both the U.S. Environmental Protection...

Persistent link: https://www.econbiz.de/10005616885

TRENDS AND DETERMINANTS OF POVERTY IN THE HORN OF AFRICA - SOME IMPLICATIONS

Rena, Ravinder - Volkswirtschaftliche Fakultät, … - 2006

The poverty problem is chronic in the Horn of Africa. Majority of the people in the region are suffering from this problem. There are numerous factors that cause poverty in the region. The challenge of poverty reduction in the Horn should therefore address the poverty reduction issues at...

Persistent link: https://www.econbiz.de/10005616899