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| Butzer, Rita; Mundlak, Yair; Larson, Donald F.. |
| Using time-series data spanning three decades, we examine the determinants of sectoral migration in Indonesia, Thailand, and the Philippines. We used a principal-components algorithm to address the problems associated with trended and intercorrelated explanatory variables. Migration rates in the three countries are low relative to other developing countries, with the consequence of persistent intersectoral income differentials. Even so, the rate of migration has been responsive to the income ratios in each country. The migration rates were also affected by the absorbing capacity of nonagriculture, as indicated by several measures. In contrast to other studies, policy variables consisting of indicators of physical and human capital had little impact on... |
| Tipo: Journal Article |
Palavras-chave: Agriculture; Indonesia; Labor; Migration; Philippines; Thailand. |
| Ano: 2003 |
URL: http://purl.umn.edu/43290 |
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| Rahman, Shaikh Mahfuzur; Larson, Donald F.; Dinar, Ariel. |
| This paper examines the cost structure of emissions abatement through different types of Clean Development Mechanism (CDM) projects. Alternative models for abatement costs are specified and estimated using CDM project-specific data. Empirical results indicate that there exist economies of scale in emission abatement through the CDM projects, and that the marginal cost of abatement significantly varies across different types of projects. The distribution of various CDM project types corresponds to the relative attractiveness of the types, in terms of the structure of the estimated marginal cost function. Thus, empirical results suggest that the CDM market operates efficiently and sends the right signals to the investors, which further explains the shying... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Cost Emissions Abatement Clean Development Mechanism; Environmental Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/49397 |
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| Mundlak, Yair; Larson, Donald F.; Butzer, Rita. |
| The introduction of new high‐yielding varieties of cereals in the 1960s, known as the green revolution, dramatically changed the food supply in Asia, as well as in other countries. In the present paper we examine, over an extended period, the growth consequences for agriculture in Indonesia, Thailand and the Philippines. Despite geographical proximity, similar climate and other shared characteristics, gains in productivity and income differed significantly among the countries. We quantify these differences and examine their determinants. We find that the new technology changed the returns to fertilisers, irrigated land and capital, all of which proved scarce to varying degrees. Complementing technology‐related changes in factor use were investments, public... |
| Tipo: Journal Article |
Palavras-chave: International Development. |
| Ano: 2004 |
URL: http://purl.umn.edu/117863 |
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| Breustedt, Gunnar; Larson, Donald F.. |
| Insuring against crop yield risk is an important task in rural microfinance because such an insurance may improve access to capital for smallholders by substituting for collaterals. However, agricultural crop yield risk is even hard to mitigate in developed countries due to problems of asymmetric information. In this paper we investigate theoretically and empirically whether special institutional rules in Mexican mutual crop insurance groups, called Fondos, can reduce problems of moral hazard. After presenting this case of a multiple peril crop insurance, we model a dynamic stochastic control problem extending it to a moral hazard game. We show from a theoretical point of view that institutions in the Fondos system have impact on the farmers behaviour to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty. |
| Ano: 2006 |
URL: http://purl.umn.edu/25552 |
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