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| Registros recuperados: 30 | |
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| Fulginiti, Lilyan E.; Perrin, Richard K.. |
| This paper adapts a partial equilibrium approach of Allais and Diewert to measure the efficiency loss in the producing sector due to quotas. The measure of waste is the additional profits available for reallocation subject to constraints that the welfare of persons and firms outside the sector is unaffected. It is relevant to a sector which faces fixed prices for some commodities, but endogenous prices for others. Tobacco quotas in the United State are estimated to have caused quota-induced producer-sector waste of approximately $95 million per year during 1950-82, or about 3 percent of the average value of the crop. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Waste; Deadweight loss; Production sector; Quotas; Production Economics. |
| Ano: 1996 |
URL: http://purl.umn.edu/18566 |
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| Sesmero, Juan P.; Fulginiti, Lilyan E.. |
| This study explores the role of rate and biases of technological change in the sustainability of an economy with an exhaustible resource. In order to achieve this goal, the mathematical concept of viability kernel is introduced as a sustainability indicator and necessary conditions for sustainability are completely depicted in terms of technological parameters. The literature has historically assumed substitutability between human capital and natural resources and technological progress that is neutral in terms of relative input productivity and minimum efficient scale of production. Both assumptions have been widely criticized given the patterns of technological change and substitution observed empirically. Hence the theoretical contribution developed... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/6486 |
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| Fulginiti, Lilyan E.; Perrin, Richard K.; Yu, Bingxin. |
| Agricultural productivity in 41 Sub-Saharan Africa (SSA) countries from 1960 to 1999 is examined by estimating a semi-nonparametric Fourier production frontier. Over the four decades the estimated rate of productivity change was 0.83% per year, although the average rate from 1985-99 was a strong 1.90% per year. Former UK colonies exhibited significantly higher productivity gains than others, while Liberia and countries that had been colonies of Portugal or Belgium exhibited net reductions in productivity. We measure a significant reduction in productivity during political conflicts and wars, and a significant increase in productivity among those countries with a measure of political rights and civil liberties. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Institutional and Behavioral Economics; Productivity Analysis. |
| Ano: 2003 |
URL: http://purl.umn.edu/25818 |
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| Fulginiti, Lilyan E.; Perrin, Richard K.. |
| Recent studies have revealed that less developed countries (LDCs) have been taxing their agricultural sectors at rates of 40-50%. This study uses quantity-based general equilibrium measures of deadweight loss to evaluate the cost of these distortions in 18 of these countries. The Allais-Debreu loss measures indicate that from 7-16% of either output or of the agricultural resource base has been wasted due to the associated misallocation of agricultural inputs across these countries. |
| Tipo: Journal Article |
Palavras-chave: Production Economics. |
| Ano: 1994 |
URL: http://purl.umn.edu/30755 |
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| Huang, Rui; Fulginiti, Lilyan E.; Peterson, E. Wesley F.. |
| A three period overlapping generations model is developed to investigate the impact of shorter life expectancy due to disease, on human capital investment decisions and income growth. This research is particularly relevant to Sub-Saharan Africa given the dramatic reduction in life expectancy due to HIV/AIDS and the potential lasting effects on growth. Our results indicate that as life expectancy shortens so does schooling inducing a lower growth rate of income. These relationships are even more pronounced for the African continent than for the rest of the world. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Labor and Human Capital. |
| Ano: 2003 |
URL: http://purl.umn.edu/25808 |
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| Fulginiti, Lilyan E.. |
| Economics theorists for years have considered the possibility that the direction of technical change is altered by changes in relative prices. Prices also have been identified as one of the determinants of technical change through innovation. This article extends the theory of the firm to cover situations in which the firms' technology set is conditional on expected prices. The basic idea is to distinguish between "market prices," or the prices that guide the firms choices subject to the technology that is in place, and "normal prices," the prices conditioning the choice of technology. A "generalized" price effect is obtained that included the traditional price effect as well as the technical change effect of price changes, and an example is... |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1994 |
URL: http://purl.umn.edu/31222 |
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| Registros recuperados: 30 | |
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