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Registros recuperados: 27
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A model of manager-induced organisational stability in post-Soviet agriculture AgEcon
Petrick, Martin; Carter, Michael R..
Agricultural transition in the former Soviet Union has, surprisingly for many observers, not led to a widespread adoption of individual farming. This article attempts to understand some previously neglected forces behind this outcome. It develops a theoretical model of farm restructuring in which managers exploit the preferences of workers for conformity within a social reference group to cement their own power. The model provides a rationale for the persistent support among workers and managers to the status-quo organisation, despite the availability of a more efficient individual farming option. Based on empirical evidence, we argue that managers have an incentive to keep horizons of workers limited by sheltering them from pro-reform influences. Polar...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural transition; Former Soviet Union; Social interaction effects; Farm restructuring.; Farm Management.
Ano: 2007 URL: http://purl.umn.edu/7788
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Dynamic Field Experiments in Development Economics: Risk Valuation in Morocco, Kenya, and Peru AgEcon
Lybbert, Travis J.; Galarza, Francisco B.; McPeak, John G.; Barrett, Christopher B.; Boucher, Stephen R.; Carter, Michael R.; Chantarat, Sommarat; Fadlaoui, Aziz; Mude, Andrew G..
The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such interventions to them. We explore how dynamic field experiments can help (i) intended beneficiaries to learn and understand these complicated benefit streams, and (ii) researchers to better understand how the poor respond to risk when faced with nonlinear welfare dynamics. We discuss and analyze dynamic risk valuation experiments in Morocco, Peru, and Kenya.
Tipo: Journal Article Palavras-chave: Poverty; Risk and uncertainty; Dynamics; Experiments; Kenya; Morocco; Peru; International Development; Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/90791
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Sense in Sociability? Social Exclusion and Persistent Poverty in South Africa AgEcon
Adato, Michelle; Carter, Michael R.; May, Julian.
Social capital has been identified as an important avenue of upward mobility for poorer people. However, recent theoretical work suggests that in highly polarized societies, the accumulation of social capital is likely to be fragmented and ineffective for people at the bottom of the economic pyramid. In South Africa, apartheid-era policies created such deep, socially embedded inequality producing a self-reinforcing circle of social exclusion and persistent poverty as another of apartheid's legacies. Work to date on post-apartheid income distribution-with its demonstration of increasing inequality and poverty-is consistent with this legacy hypothesis. This paper takes this hypothesis further by using a two-pronged approach that draws on quantitative and...
Tipo: Working or Discussion Paper Palavras-chave: Food Security and Poverty.
Ano: 2004 URL: http://purl.umn.edu/12679
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THE ECONOMIC IMPACTS OF ALTRUISM, TRUST AND RECIPROCITY: AN EXPERIMENTAL APPROACH TO SOCIAL CAPITAL AgEcon
Carter, Michael R.; Castillo, Marco.
This paper experimentally measures the 'social capital' of altruism, trust and reciprocity and empirically explores the impact of these norms on economic well-being. Using an experimental design that distinguishes trust and reciprocity from altruism, data were collected from individuals in a random sample of South African communities. Analyzed at the community level, these data suggest that while related, trust and reciprocity are clearly different from altruism. Moreover, the relatively strong correlation between trust and reciprocity indicates that communities are in a sort of normative equilibrium, with trust strongest where reciprocity norms are most active. Finally, analysis of household living standard data drawn from these same communities shows...
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics.
Ano: 2002 URL: http://purl.umn.edu/12616
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Risk Preferences and Demand for Insurance in Peru: A Field Experiment AgEcon
Galarza, Francisco B.; Carter, Michael R..
This paper reports the results of behavioral economic experiments conducted in Peru to examine the relationship amongst risk preferences, loan take-up, and insurance purchase decisions. This area-based yield insurance can help reduce people's vulnerability to large scale covariate shocks, and can also lower the loan default probability under extreme negative covariate shocks. In a context of collateralized formal credit markets, we provide suggestive evidence that insurance may help reduce the fear of losing collateral that prevents potential borrowers from taking loans. Framing these experiments to recreate a real life situation, we started with a Baseline Game where subjects had to choose between a fallback production project and an uninsured loan. We...
Tipo: Conference Paper or Presentation Palavras-chave: Area-yield insurance; Credit; Covariate risk; Idiosyncratic risk; Risk aversion; Experimental economics; Peru; Risk and Uncertainty; C93; D81.
Ano: 2010 URL: http://purl.umn.edu/61871
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SOCIAL CAPITAL AND THE REPRODUCTION OF INEQUALITY IN SOCIALLY POLARIZED ECONOMIES AgEcon
Mogues, Tewodaj; Carter, Michael R..
This paper explores the idea that how wealth is distributed across social groups (ethnic or language groups, gender, etc.) fundamentally affects the evolution of economic inequality. By providing microfoundations suitable for this exploration, this paper hopes to enhance our understanding of when social forces contribute to the reproduction of economic inequality, and what the relevant policy implications might be. In tackling this issue, this paper offers contributions in two domains. First, it adds a dimension to the literature on social capital. Second, it offers a modest generalization of the concepts of identity, alienation and economic polarization used by Esteban and Ray (1994). This generalization permits us to consider the multiple characteristics...
Tipo: Conference Paper or Presentation Palavras-chave: Institutional and Behavioral Economics.
Ano: 2004 URL: http://purl.umn.edu/20132
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SEQUENCING CAPITAL AND LAND MARKET REFORMS FOR BROADLY BASED GROWTH AgEcon
Carter, Michael R..
After developing a conceptual apparatus, this paper econometrically explores the basis and bias of agrarian growth in contemporary Paraguay, a country where increasing land scarcity and rural unrest have occurred in the midst of rapid export growth. By taking apart the microeconomics of the growth boom, the goal is not only to uncover what is happening, but to identify policy options which might modify the outcome. The paper's chief finding is that more broadly based or inclusionary growth not only requires a microeconomic activism which reaches beyond the broad dictates of liberalization, but also attention to the specific temporal sequencing or ordering of these sectoral policies.
Tipo: Working or Discussion Paper Palavras-chave: Land Economics/Use.
Ano: 1994 URL: http://purl.umn.edu/12689
Registros recuperados: 27
Primeira ... 12 ... Última
 

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