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Registros recuperados: 76 | |
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Auriol, Emmanuelle; Schilizzi, Steven. |
This paper analyzes the problem raised by quality provision in globalizing economies. When quality is a credence attribute, there is a signaling problem and quality drops to its minimum level. A way out of this under-provision equilibrium consists to rely on certification. However certification of goods involves costs, most of which are fixed, because to credibly signal quality, the certification process has to be carry out by an independent authority above all suspicion. The certification costs, which might justify a centralized intervention, become a major force in deciding market structure. Then in a given population the rate of certification depends on the consumers' wealth and size. If the population is too poor the market for certification collapses... |
Tipo: Presentation |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries; D11; D21; L11; L15.. |
Ano: 2000 |
URL: http://purl.umn.edu/123598 |
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Chavas, Jean-Paul. |
This paper explores the economics of input decision by a firm facing production uncertainty. It relies on a state-contingent approach to production uncertainty. First, the paper develops a methodology to specify and estimate cost-minimizing input decisions under a state-contingent technology. Second, the analysis is applied to time series data on US agriculture. It finds strong empirical evidence that, in the analysis of input choices, expected output alone does not provide an appropriate representation of production uncertainty. The results provide empirical support for an output-cubical technology. This indicates that an ex post analysis of stochastic technology (as commonly found in previous research) appears appropriate. The analysis also provides... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Production uncertainty; State contingent; Cost; Cubical technology.; Research Methods/ Statistical Methods; C3; D21; D8. |
Ano: 2006 |
URL: http://purl.umn.edu/21081 |
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Velazco, Jackeline. |
Is it feasible to increase income and generate employment in the context of a traditional labour intensive rural industry with strong linkages to an agriculturally backward economy? In order to address this issue, primary data from four villages of Peruvian North Sierra was used. The case of the hat making activity, employing exclusively family labour, purchasing the main input (straw, paja de palma) from Ecuador, and with consumers concentrated on villages and small towns, was investigated. The analysis was made at the market level. Considering the context of a self-employment activity, a theoretical framework was developed to explain the determinants of labour demand, input demand, hat output and labour return. Demand and supply constraints to the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Non-farm rural activities; Self-employment activity; Peasant economy; Peru; Community/Rural/Urban Development; D12; D21; Q12.. |
Ano: 2003 |
URL: http://purl.umn.edu/25817 |
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Kotakou, Christina A.; Katranidis, Stelios D.. |
This paper examines the effects of decoupling policies on Greek cotton production under the hypothesis that producers face uncertainty about output price and quantity. Using our estimation results we simulate the effects on cotton production under four alternative policy scenarios: the ‘Old’ CAP regime (i.e. the policy practiced until 2005), the Mid-Term Review regime, a fully decoupled policy regime and a free trade-no policy scenario. Our results indicate the decoupled payment will have two contradictious effects on risk aversion. Producers become less risk averse through the wealth effect but more risk averse because of the increased output variance. The overall result of these two effects depends on the degree of risk aversion by farmers. We found that... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Common Agricultural Policy; Decoupling; Uncertainty; Agricultural and Food Policy; D21; Q18. |
Ano: 2010 |
URL: http://purl.umn.edu/91753 |
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Wagner, Joachim. |
While the role of exports in promoting growth in general, and productivity in particular, has been investigated empirically using aggregate data for countries and industries for a long time, only recently have comprehensive longitudinal data at the firm level been used to look at the extent and causes of productivity differentials between exporters and their counterparts which sell on the domestic market only. This paper surveys the empirical strategies applied, and the results produced, in 45 microeconometric studies with data from 33 countries that were published between 1995 and 2004. Details aside, exporters are found to be more productive than non-exporters, and the more productive firms self select into export markets, while exporting does not... |
Tipo: Working or Discussion Paper |
Palavras-chave: Exports; Productivity; Literature survey; Micro data; International Relations/Trade; Productivity Analysis; F14; D21. |
Ano: 2005 |
URL: http://purl.umn.edu/26308 |
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Zorska, Anna. |
The research aims to investigate the process of globalizing innovation activity conducted by transnational corporations (TNCs), in a wider context of economic changes outside and inside companies. The process has been triggered by decentralization and internationalization of R&D, “creative transition” of foreign subsidiaries as well as implementing research networks and the open innovation model of TNCs’ innovation activity. Under the present economic crisis some slowdown and reorientation of innovation programs are implemented in order to reduce their costs and increase effectiveness. The globalization of corporate innovation activity can contribute to reaching some of TNCs’ goals both under the present crisis and the future revival of the world... |
Tipo: Journal Article |
Palavras-chave: Globalization; Innovations; Economic crisis; TNC.; International Development; D21; F23; L22; O32. |
Ano: 2010 |
URL: http://purl.umn.edu/94610 |
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Langyintuo, Augustine S.; Mwangi, Wilfred; Diallo, Alpha O.; MacRobert, John F.; Dixon, John; Banziger, Marianne. |
The liberalization and restructuring of the seed sector in eastern and southern Africa (ESA) during the past two decades have witnessed a proliferation of private seed companies in the maize seed industry (Hassan et al., 2001; Lemonius, 2005). Although the total number of registered maize seed companies increased from 8 and 11, respectively, in 1997 to 40 each, the quantities of seed marketed barely doubled, increasing from 23,000 and 27,000 tons to 53,000 and 51,000 tons, respectively; an indication that the reforms are insufficient in ensuring efficient functioning of the sector in the two regions. A study involving 117 seed providers, representing 92 percent of all registered maize seed companies in ESA in 2007 identified bottlenecks that have... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Keywords: Maize seed industry; Seed policies; Eastern and southern Africa; Institutional and Behavioral Economics; International Development; Marketing; D21; M31; O32. |
Ano: 2009 |
URL: http://purl.umn.edu/51713 |
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Bertrand, Marianne; Karlan, Dean S.; Mullainathan, Sendhil; Shafir, Eldar; Zinman, Jonathan. |
Numerous laboratory studies report on behaviors inconsistent with rational economic models. How much do these inconsistencies matter in natural settings, when consumers make large, real decisions and have the opportunity to learn from experiences? We report on a field experiment designed to address this question. Incumbent clients of a lender in South Africa were sent letters offering them large, short-term loans at randomly chosen interest rates. Psychological features on the letter, which did not affect offer terms or economic content, were also independently randomized. Consistent with standard economics, the interest rate significantly affected loan take-up. Inconsistent with standard economics, the psychological features also significantly affected... |
Tipo: Working or Discussion Paper |
Palavras-chave: Behavioral economics; Psychology; Microfinance; Marketing; Field experiment; Credit markets; Consumer/Household Economics; D01; C93; D12; D21; D81; D91; M37; O12. |
Ano: 2005 |
URL: http://purl.umn.edu/28441 |
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Registros recuperados: 76 | |
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