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Registros recuperados: 24
Primeira ... 12 ... Última
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Fishing Quota Markets AgEcon
Newell, Richard G.; Sanchirico, James N.; Kerr, Suzi.
Fisheries worldwide continue to suffer from the negative consequences of open access. In 1986, New Zealand responded by establishing an individual transferable quota (ITQ) system that by 1998 included 33 species and more than 150 markets for fishing quotas. We assess these markets in terms of trends in market activity, price dispersion, and the fundamentals determining quota prices. We find that market activity is sufficiently high to support a competitive market and that price dispersion has decreased over time. Using a 15-year panel dataset, we also find evidence of economically rational behavior through the relationship between quota lease and sale prices and fishing output and input prices, ecological variability, and market interest rates. Controlling...
Tipo: Working or Discussion Paper Palavras-chave: Tradable permits; Individual transferable quota; Fisheries; Policy; Resource /Energy Economics and Policy; Q22; Q28; D40; L10.
Ano: 2002 URL: http://purl.umn.edu/10451
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Informal Finance: A Theory of Moneylenders AgEcon
Madestam, Andreas.
I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions constrain formal banks, shallow pockets hamper informal lenders. In such economies, informal finance has two effects. By increasing the investment return it decreases borrowers’ relative payoff following default, inducing banks to lend more liberally (disciplinary effect). By channeling bank capital it reduces banks’ agency costs from lending directly to borrowers, limiting banks’ extension of borrower credit (rent-extraction effect). Among other things, the model shows that informal interest rates are higher, borrower welfare lower, and informal finance more prevalent when the rent-extraction effect prevails, consistent with stylized facts in...
Tipo: Working or Discussion Paper Palavras-chave: Credit Markets; Financial Development; Institutions; Market Structure; Financial Economics; O12; O16; O17; D40.
Ano: 2009 URL: http://purl.umn.edu/54288
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Beneficios privados y beneficios sociales en la cadena de la manzana para la exportación en el Uruguay. AgEcon
Rava, Catalina; Lanfranco, Bruno A.; Ferraro, Bruno.
Este trabajo analizó el desempeño de la cadena exportadora de manzana para consumo en fresco, en Uruguay, mediante el método de la matriz de análisis de políticas (MAP). Se trabajó con la variedad Royal Gala, una de las más exportadas localmente por su temprana maduración y su buena aceptación en mercados de valor, como el europeo. Se cuantificaron los efectos de las políticas públicas (impuestos, subsidios, cargas sociales) y las eventuales fallas de mercado que afectan los distintos eslabones, estimándose las potenciales transferencias de recursos, desde o hacia la cadena. Primero se computaron los ingresos y costos en los distintos eslabones considerados: producción, transporte, procesamiento y empaque. Se calcularon los beneficios privados y sociales...
Tipo: Book Palavras-chave: Policy analysis matrix; Production systems; Economic efficiency; Public policies; Export markets; Agribusiness; Crop Production/Industries; Political Economy; Public Economics; D40; D61; E62; H20.
Ano: 2011 URL: http://purl.umn.edu/121682
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ASSESSING KOSOVO'S HORTICULTURAL POTENTIAL - THE MARKET FOR FRUIT AND VEGETABLES ON THE BALKANS AgEcon
Fischer, Christian.
SUMMARY Kosovo had been a net exporter – at least of some – fruit and vegetables in the former Federal Republic of Yugoslavia before the civil war. Current reconstruction efforts therefore focus on restoring the past horticultural potential of the now independent province. This paper analyses the competitiveness of the Kosovar fruit and vegetable sector. By calculating average net trade flows during 1996-2000 for more than 20 individual fruit and vegetables and seven ag-gregates, demand potentials for the Balkan regional market are identified for potatoes, lettuce, garlic, dried beans and pears. In addition, average export unit values are calculated as price proxies in order to assess export price competitiveness in the region. While demand potentials for...
Tipo: Working or Discussion Paper Palavras-chave: Kosovo; Balkans; Horticulture; Market analysis; Export potential; Agriculture in international trade; Agricultural and natural resource economies; Aggregate supply and demand analysis; Prices; Kosovo; Balkan; Marktanalyse; Nachfragepotential; Internationaler Agrar-handel; Agrar- und Ressourcenökonomie; Analysen des aggregierten Ange-bots und der aggegrierten Nachfrage; Preise; Crop Production/Industries; Marketing; D40; F14; O52; Q00; Q11; Q17.
Ano: 2004 URL: http://purl.umn.edu/14931
Registros recuperados: 24
Primeira ... 12 ... Última
 

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