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How many cake-eaters? Chouette, on a du monde a diner! 31
Favard, Pascal; Karp, Larry S..
We use a cake-eating model with a non-renewable resource and a backstop technology to describe the effect of migration of poor workers into a rich country with surplus labor. Migrants receive a large transfer from natives. If future migration is anticipated, natives' flow of utility increases discontinuously at the time of migration. Migration at time 0 may cause the initial flow of natives~ utility to be higher. However, the present discounted value of the stream of per capita utility falls. Thus, when migration occurs, it may benefit the current generation of natives, although it harms other generations.
Tipo: Working or Discussion Paper Palavras-chave: Migration; Nonrenewable resources; Cake-eating; Labor and Human Capital; Resource /Energy Economics and Policy; F22; Q83.
Ano: 1999 URL: http://purl.umn.edu/6270
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IS THE IRRIGATION WATER DEMAND REALLY CONVEX? 31
Bontemps, Christophe; Couture, Stephane; Favard, Pascal.
The seasonal irrigation water demand under uncertainty, which lies at the core of this paper, is still very roughly known. We know, however, that irrigated agriculture accounts for a large proportion of water use, especially in many water-scarce areas. In this paper, we estimate the irrigation water demand, for various climatic conditions characterizing the distribution of the necessarily stochastic, demand functions under uncertainty. We use a dynamic programming model to represent the farmer's decision program under uncertainty. A crop-growth simulation model (EPIC-PHASE), provides the response function to the decisions taken and climatic events and is linked to a CRRA utility function representing the farmer's objective function. This model is used...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20508
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