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| Yamauchi, Futoshi. |
| This paper empirically identifies social learning and neighborhood effects in schooling investments in a new technology regime. The estimates of learning-investment rule from farm household panel data at the onset of the Green Revolution in India, show that (1) agents learn about schooling returns from income realizations of their neighbors and (2) schooling distribution of the parents’ generation in a community has externalities to schooling investments in children that are consistent with social learning. Simulations show that variations in schooling distributions within and across communities generate through social learning substantial variations in child enrollment rate and average household income. The results suggest that imperfect information... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Human capital; Social learning; Neighborhood effects; Income risk; Schooling distribution; Technical change; India; Labor and Human Capital. |
| Ano: 2005 |
URL: http://purl.umn.edu/59592 |
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| El Benni, Nadja; Finger, Robert; Mann, Stefan. |
| The study examines the effect of agricultural policy reforms on income variability of Swiss farmers. The observed heterogeneity in income risks across farms and time is explained with farm and regional characteristics. FADN data are used to construct coefficients of variation of total household income and gross revenues at farm-level over the period 1992-2009. Applying linear mixed effect models the effects of off-farm income, direct payments, farm size, specialisation and liquidity on gross revenue and household income variability in three different production regions are measured. The switch from market-based support to direct payments decreased the variability of farm revenues and household income. Off-farm income has a positive and farm size a negative... |
| Tipo: Presentation |
Palavras-chave: Income risk; Agricultural policy; Direct payments; Risk and Uncertainty; Q12; Q14; Q18. |
| Ano: 2012 |
URL: http://purl.umn.edu/122532 |
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| Seebens, Holger. |
| Studies dealing with productivity in female (FHH) and male headed households (MHH) find that FHH appear to be either less, equally, or more productive compared to MHH. Lower productivity of FHH is often explained by insecure access to land, while the findings of higher productivity largely remain unexplained. This paper is an attempt to reconcile these contrasting findings by constructing a model that accounts for productivity effects arising from secure land rights and the risk of falling short of income. Both affect productivity, but they do so in opposite directions. While tenure insecurity tends to decrease labor effort, income risks increase it as subsistence farmers want to avoid falling (deeper) into poverty. Depending on which of these risks... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Female headed households; Tenure insecurity; Income risk; Consumer/Household Economics. |
| Ano: 2008 |
URL: http://purl.umn.edu/43609 |
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| Knutson, Ronald D.; Smith, Edward G.; Anderson, David P.; Richardson, James W.. |
| This paper investigates the farm-level impacts of the 1996 farm bill on the South. Focus group perceptions of risk sources, observed acreage changes, and the farm-level impact of increased price risk are evaluated. Focus group respondents ranked price and yield as the two most important sources of risk, and diversification was ranked highly as a risk-management tool. Limited data suggest that acreage shifts among crops are occurring in the South, presumably aided by the 1996 farm bill. Higher probabilities of cash flow deficits are estimated for cotton and rice relative to feedgrain, wheat, and oilseed operations. |
| Tipo: Journal Article |
Palavras-chave: Acreage shifts; Income risk; Policy risk; Risk perception; Agricultural and Food Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/15101 |
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