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| Pautrel, Xavier. |
| This article demonstrates that when finite lifetime is introduced in a Lucas (1988) growth model, the environmental policy may enhance growth both in the short- and the long-run, while pollution does not influence educational activities, labor supply is not elastic and human capital does not enter the utility function. This is because finite lifetime and the appearance of newborns at each date creates a turnover of generations which disconnects the aggregate consumption growth to the interest rate. We show that the shorter is the horizon, the greater the effect of the environmental policy on growth, because the higher the “generational turnover effect”. We also demonstrate that when time is not the single production factor in education, the environmental... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Growth; Environment; Overlapping Generations; Human Capital; C; O. |
| Ano: 2008 |
URL: http://purl.umn.edu/42146 |
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| Huysentruyt, Marieke; Barrett, Christopher B.; McPeak, John G.. |
| We model interhousehold transfers between nomadic livestock herders as the state-dependent consequence of individuals' strategic interdependence resulting from the existence of multiple, opposing externalities. A public good security externality among individuals sharing a social (e.g., ethnic) identity in a potentially hostile environment creates incentives to band together. Self-interested interhousehold wealth transfers from wealthier herders to poorer ones may emerge endogenously within a limited wealth space as a means to motivate accompanying migration by the recipient. The distributional reach and size of the transfer are limited, however, by a resource appropriation externality related to the use of common property grazing lands. When this effect... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; D; O; Q18. |
| Ano: 2002 |
URL: http://purl.umn.edu/14746 |
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| Verdinejad, Fereydoun; Gorji, Yasaman. |
| In order to activate the cycle of wealth production, promote social justice and eliminate poverty and inequality, developing countries are currently faced with a multiplicity of structural problems. According to some economic theories, this is mainly due to inefficient or lack of access to financial resources, which has proved a major obstacle in activating the cycle of wealth production in such countries. On this assumption, countries with huge oil reserves including Iran, should not encounter obstacles in terms of creating and accelerating the national cycle of wealth production. However, the fact is almost all major oil-producing countries and the main exporters of petroleum products in the world are dealing with serious structural issues in... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Oil-Based Economies; Iran; Wealth Production; Income Distribution; Resource /Energy Economics and Policy; O; O43; Q43; Q48. |
| Ano: 2010 |
URL: http://purl.umn.edu/91007 |
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| Barrett, Christopher B.; Reardon, Thomas. |
| This paper starts from the premise that diversification of assets, activities, and incomes is important to African rural households, in that diversification into nonfarm income constitutes on average about 45 percent of incomes, and the push and pull factors driving that diversification are bound to persist. From that premise, we noted that the empirical study of diversification has been beset by practical problems and issues relating to (1) definitions and concepts, (2) data collection, and to (3) measurement of the nature and extent of diversification. The paper addressed each of those problems. Two points are of special interest to the overall conceptualization of diversification research. The first is that empirical studies have exhibited a wide... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; O; Q12. |
| Ano: 2000 |
URL: http://purl.umn.edu/14734 |
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