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A SENSITIVITY ANALYSIS OF QUALITY OF LIFE INDICES ACROSS COUNTRIES AgEcon
Rahman, Tauhidur; Mittelhammer, Ronald C.; Wandschneider, Philip R..
This paper attempts to provide a comprehensive analysis of interrelationships among the determinants of the Quality of Life (QOL). We show that various measures of well-being are highly sensitive to domains of QOL that are considered in the construction of comparative indices, and how measurable inputs into the well-being indicators are aggregated and weighted to arrive at composite measures of QOL. We present a picture of conditions among the 43 countries of the world with respect to such interrelated domains of QOL as the relationship with family and friends, emotional well-being, health, work and productivity, material well-being, feeling part of one's community, personal safety, and the quality of environment. On the basis of Borda Rule and the...
Tipo: Conference Paper or Presentation Palavras-chave: Quality of life; Domains; Borda rule; Principal components; And rankings; Institutional and Behavioral Economics; I31; D60; D63.
Ano: 2003 URL: http://purl.umn.edu/22045
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Accounting for Social Spending Escalation in Rural China AgEcon
Chen, Xi.
It has been widely recognized that the poor spends a significant proportion of their income on social spending even at the expense of basic consumption. What are the motives behind the observed lavish social spending among the poor? We attempt to test three competing explanations at the social link level, risk pooling, peer effect, and status concern, via a uniform framework based on a unique primary dataset. The data set include household information from a three wave census type household survey as well as a long term gift record for all households in three villages in a poor region in rural China. Our dyadic estimations confirm the prevalence of peer influence and the status seeking motive in shaping gift spending and its rapid growth, while...
Tipo: Conference Paper or Presentation Palavras-chave: Social Network; Peer Effect; Risk pooling; Status Seeking; Ceremony; Agribusiness; D63; D85; R20.
Ano: 2011 URL: http://purl.umn.edu/115516
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Agriculture’s Multifunctionality, Sustainability, and Social Responsibility AgEcon
Hediger, Werner.
We investigate the question whether the concept of corporate social responsibility (CSR) could be used to replace or complement those of multifunctionality and sustainability in the agri-food sector. It shows that the double role of citizens as tax payers and customers requests and allows us to directly link the problems of governance and stakeholder society in an intertemporal framework of total value maximisation and sustainable development. Thus, the concept of CSR provides a link between the views on agriculture’s multifunctionality and sustainability. Moreover, the fact that some actors in a vertical market, such as the agri-food chain, can exercise market power and absorb tax money and resource rents enforces the need of a broader perspective which...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural policy; Multifunctionality; Sustainability; Social responsibility; Market power.; D62; D63; Q01; Q18.
Ano: 2008 URL: http://purl.umn.edu/36854
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Anatomy of Stigmatized Behavior: Peer Influence and Relative Concern AgEcon
Chen, Xi.
This paper is based on an ongoing joint work with David Sahn and Xiaobo Zhang.
Tipo: Conference Paper or Presentation Palavras-chave: Social Stigma; Peer Influences; Relative Concern; Blood Donation; China; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Food Security and Poverty; Health Economics and Policy; Institutional and Behavioral Economics; International Development; Labor and Human Capital; Research Methods/ Statistical Methods; Risk and Uncertainty; JEL: I32; J22; D13; D63.
Ano: 2011 URL: http://purl.umn.edu/103644
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Applying Experimental Economics to Obesity in the Family Household AgEcon
Ehmke, Mariah D.; Warziniack, Travis; Schroeter, Christiane; Morgan, Kari.
The objective of this study is to identify experimental economic tools that can be employed to explain the role of economic behavior in overweight and obesity in the household. We identify three economic experiments that can be used to understand how parent-child economic relationships relate to obesity. Loss aversion experiments are discussed as a tool to understand challenges some individuals face in achieving a healthy diet. Finally, testbed experiments are introduced as a means to test and understand new policies and incentives for better health at the household level.
Tipo: Journal Article Palavras-chave: Carrot stick; Child obesity; Discount rate; Generosity; Loss aversion; Parent-child; Punishment; Trust; Agribusiness; Food Consumption/Nutrition/Food Safety; Research Methods/ Statistical Methods; I19; Q18; D01; D63.
Ano: 2008 URL: http://purl.umn.edu/47198
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Blood for Social Status: Preliminary Evidence from Rural China AgEcon
Chen, Xi; Zhang, Xiaobo.
Xi Chen acknowledges generous Doctoral Research Grant from the Institute for the Social Sciences at Cornell University and precious data set provided by the Development Strategy and Governance Division at IFPRI. Conference Travel Grant provided by the Department of Applied Economics and Management at Cornell is also acknowledged. We are grateful to Ravi Kanbur for invaluable comments, guidance and encouragement. This paper also benefited from helpful discussion and invaluable comments from Robert Frank, David Sahn, Marc Rockmore, and seminar participants in the Department of Economics at Cornell. Due to time limit, I have not incorporated all helpful comments and suggestions in this early draft paper. The views expressed herein and any remaining errors...
Tipo: Conference Paper or Presentation Palavras-chave: Blood Donation; Social Status; Poverty; Inequality; Relative Deprivation; Rural China; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Demand and Price Analysis; Health Economics and Policy; Institutional and Behavioral Economics; International Development; Labor and Human Capital; Political Economy; Production Economics; Public Economics; Research Methods/ Statistical Methods; Risk and Uncertainty; I32; J22; D13; D63.
Ano: 2009 URL: http://purl.umn.edu/49411
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BLUNT TO SHARPENED RAZOR: INCREMENTAL REFORM AND DISTORTIONS IN THE PRODUCT AND CAPITAL MARKETS IN CHINA AgEcon
Zhang, Xiaobo; Tan, Kong-Yam.
A key objective of China's reform program was to reduce distortions in the economic system and enhance growth. However, when implemented in incremental and partial ways, local governments or individuals have chance to capture rents inherent in the reform process. Young (2000) warned that the rent-seeking behavior might lead to increasing market fragmentation. Empirical studies have since shown that this did not happen in the product markets. In this paper we argue that as rents from the product markets were squeezed out during the reform process, rent-seeking behavior shifted to the factor markets, especially the capital and land markets. The reform process now needs to be deepened to ensure that the factor markets also become more integrated and efficient.
Tipo: Working or Discussion Paper Palavras-chave: Reform; China; Rent Seeking; Factor and Product Market; Transition; International Development; D33; D61; D63; O11; O53; P23.
Ano: 2004 URL: http://purl.umn.edu/60183
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Classical Horizontal Inequities in the Provision of Agricultural Income Support AgEcon
Allanson, Paul.
This paper explores the redistributive effect of classical horizontal inequities induced by agricultural support policy. Within farm type horizontal inequity (HI) is associated with differences in the level of support received by farms of a given type and level of pre-support income, whereas between farm type HI arises from systematic differences in support levels between commodity regimes. The overall redistributive effect of HI in Scottish agriculture is shown to be substantial, though systematic discrimination between farm types proves not to be the major cause. The imperfect targeting of support revealed by the empirical findings has implications for the design of policy.
Tipo: Conference Paper or Presentation Palavras-chave: Farm income support; Horizontal inequity; Agricultural and Food Policy; D63; I38; Q18.
Ano: 2005 URL: http://purl.umn.edu/24769
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CLIMATE POLICY WHEN THE DISTANT FUTURE MATTERS: CATASTROPHIC EVENTS WITH HYPERBOLIC DISCOUNTING AgEcon
Karp, Larry S.; Tsur, Yacov.
Low probability catastrophic climate change can have a signifcant influence on policy under hyperbolic discounting. We compare the set of Markov Perfect Equilibria (MPE) to the optimal policy under time-consistent commitment. For some initial levels of risk there are multiple MPE; these may involve either excessive or insufficient stabilization effort. These results imply that even if the free-rider problem amongst contemporaneous decision-makers were solved, there may remain a coordination problem amongst successive generations of decision-makers. A numerical example shows that under plausible conditions society should respond vigorously to the threat of climate change.
Tipo: Working or Discussion Paper Palavras-chave: Abrupt climate change; Event uncertainty; Catastrophic risk; Hyperbolic discounting; Markov Perfect Equilibria; Environmental Economics and Policy; C61; C73; D63; D99; Q54.
Ano: 2007 URL: http://purl.umn.edu/7181
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Climate Policy When the Distant Future Matters: Catastrophic Events with Hyperbolic Discounting AgEcon
Karp, Larry S.; Tsur, Yacov.
Low probability catastrophic climate change can have a significant influence on policy under hyperbolic discounting. We compare the set of Markov Perfect Equilibria (MPE) to the optimal policy under time-consistent commitment. For some initial levels of risk there are multiple MPE; these may involve either excessive or insufficient stabilization effort. These results imply that even if the free-rider problem amongst contemporaneous decision-makers were solved, there may remain a coordination problem amongst successive generations of decision-makers. A numerical example shows that under plausible conditions society should respond vigorously to the threat of climate change.
Tipo: Working or Discussion Paper Palavras-chave: Abrupt climate change; Event uncertainty; Catastrophic risk; Hyperbolic discounting; Markov Perfect Equilibria; Environmental Economics and Policy; Risk and Uncertainty; C61; C73; D63; D99; Q54.
Ano: 2007 URL: http://purl.umn.edu/7186
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Dimensions of Wealth Dispersion Among Farm Operator Households: An Assessment of the Impact of Farm Subsidies AgEcon
El-Osta, Hisham S.; Mishra, Ashok K..
This paper uses microlevel data from the Agricultural Resource Management Survey to examine the changes in the distributions of household wealth and to assess the role farm subsidies play, among other factors, in affecting these distributions. The empirical analysis relies on the concept of the adjusted Gini coefficient and on fixed-effect regression procedures. Coefficients from fixed-effect estimation indicate a negative correlation between government payments and wealth dispersion, with the effect shifting toward more of a positive relation when government payments were allowed to interact with regional dummies.
Tipo: Journal Article Palavras-chave: Adjusted Gini coefficient; Agricultural Resource Management Survey; Fixed-effects regression; Government subsidies; Life cycle; Wealth dispersion; Environmental Economics and Policy; Farm Management; Livestock Production/Industries; Production Economics; C33; D31; D63; O18; Q15.
Ano: 2005 URL: http://purl.umn.edu/43733
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DISCOUNTING AND CLIMATE CHANGE POLICY AgEcon
Karp, Larry S.; Tsur, Yacov.
A constant social discount rate cannot reflect both a reasonable opportunity cost of public funds and an ethically defensible concern for generations in the distant future. We use a model of hyperbolic discounting that achieves both goals. We imbed this discounting model in a simple climate change model to calculate constant equivalent discount rates" and plausible levels of expenditure to control climate change. We compare these results to discounting assumptions and policy recommendations in the Stern Review on Climate Change.
Tipo: Working or Discussion Paper Palavras-chave: Discounting; Climate change modeling; Stern Review; Markov Perfect Equilibria; Environmental Economics and Policy; C61; C73; D63; D99; Q54.
Ano: 2007 URL: http://purl.umn.edu/7149
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Do Environmental Services Buyers Prefer Differentiated Rates? A Case Study from the Colombian Andes AgEcon
Moreno-Sanchez, Rocio del Pilar; Maldonado, Jorge Higinio; Wunder, Sven; Borda, Carlos Andres.
Flat user fees in payment for environmental services (PES) schemes promote administrative ease, and are sometimes perceived as egalitarian. However, when environmental service (ES) buyers are heterogeneous in their income and water consumption levels, this may not be optimal, as total payments become too low and services are under-supplied. This paper identifies ES buyer preferences and estimates their willingness to pay (WTP) differentiated fees in an ongoing PES initiative in an Andean watershed in Colombia. Small, flat user payments have recently been introduced to implement incipient watershed protection upstream. Environmental service users fall into two highly heterogeneous categories: smallholder peasants and owners of recreational houses. We...
Tipo: Working or Discussion Paper Palavras-chave: PES; WTP; Environmental services; Colombia; Watershed protection; Community/Rural/Urban Development; Demand and Price Analysis; Resource /Energy Economics and Policy; Q56; Q25; Q5; Q51; C25; D10; D12; D61; D63.
Ano: 2009 URL: http://purl.umn.edu/91171
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Economic Uncertainties in Valuing Reductions in Children's Environmental Health Risks AgEcon
Hoffmann, Sandra A.; Krupnick, Alan J.; Adamowicz, Wiktor L..
The recognition that environmental hazards can affect children differently and more severely than adults has provoked growing concern in industrialized nations about the impact of environmental pollution on children's health. In this paper, commissioned by the OECD, we are charged with examining "economic uncertainties" associated with valuing the benefits of environmental policies that reduce risk to children's health. We examine two sources of uncertainty in benefits estimation: forecasting uncertainty and modeling uncertainty. We explore how these sources of uncertainty affect the use of standard economic and non-economic approaches to the valuation of health benefits. These include willingness-to-pay measures, cost-of-illness and human-capital...
Tipo: Working or Discussion Paper Palavras-chave: Willingness to pay; QALY; Children; Social welfare function; Health valuation; Environmental health; Household behavior; Environmental Economics and Policy; Q51; I18; I1; J17; D13; D6; D63; D64.
Ano: 2005 URL: http://purl.umn.edu/10722
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Equity and Justice in Global Warming Policy AgEcon
Kverndokk, Snorre; Rose, Adam Z..
Many countries are implementing or at least considering policies to counter increasingly certain negative impacts from climate change. An increasing amount of research has been devoted to the analysis of the costs of climate change and its mitigation, as well as to the design of policies, such as the international Kyoto Protocol, post-Kyoto negotiations, regional initiatives, and unilateral actions. Although most studies on climate change policies in economics have considered efficiency aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i.e., within a generation. We...
Tipo: Working or Discussion Paper Palavras-chave: Economics of Climate Change; Intragenerational Equity; Distributive Justice; Environmental Economics and Policy; D62; D63; H23; H41; Q00.
Ano: 2008 URL: http://purl.umn.edu/44230
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Equity judgments and context dependence: Knowledge, efficiency and incentives AgEcon
Schilizzi, Steven.
Distributional equity concerns are often at least as important as economic efficiency and ecological sustainability in environmental and natural resource management policies. Until recently, however, economists have shied away from tackling equity issues, primarily because equity appeared as a slippery concept, varying across people and circumstances. This study takes this context-dependence of equity judgments as a starting point and shows that such dependence, far from being random, is systematic. A series of controlled laboratory treatments with University students were designed to investigate the role on distributional equity judgments of such context factors as knowledge of one’s position in society, how the existence of equity-efficiency tradeoffs...
Tipo: Working or Discussion Paper Palavras-chave: Equity; Fairness; Resource allocation; Environmental policy; Experimental economics; Welfare economics; Public choice; Institutional and Behavioral Economics; Public Economics; C92; D03; D63; H23; Q56; Q58.
Ano: 2011 URL: http://purl.umn.edu/100887
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FIFTY YEARS OF REGIONAL INEQUALITY IN CHINA: A JOURNEY THROUGH REVOLUTION, REFORM AND OPENNESS AgEcon
Kanbur, Ravi; Zhang, Xiaobo.
This paper constructs and analyses a long run time series for regional inequality in China from the Communist Revolution to the present. There have been three peaks of inequality in the last fifty years, coinciding with the Great Famine of the late 1950s, the Cultural Revolution of the late 1960s and 1970s, and finally the period of openness and global integration in the late 1990s. Econometric analysis establishes that regional inequality is explained in the different phases by three key variables--the ratio of heavy industry to gross output value, the degree of centralization, and the degree of openness.
Tipo: Working or Discussion Paper Palavras-chave: Inequality; Polarisation; Decentralization; Industrialization; Openness; Globalization; Chinese economy; Political Economy; D63; 018; P27.
Ano: 2001 URL: http://purl.umn.edu/7236
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Finding Maxmin Allocations in Cooperative and Competitive Fair Division AgEcon
Dall'Aglio, Marco; Di Luca, Camilla.
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision.
Tipo: Working Paper Palavras-chave: Fair Division; Maxmin Allocation; Kalai Bargaining Solution; Cooperative Game Theory; Research Methods/ Statistical Methods; D63; C61; C71; C78.
Ano: 2011 URL: http://purl.umn.edu/120020
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Gauging the potential for social unrest AgEcon
Stark, Oded; Hyll, Walter; Behrens, Doris A..
It stands to reason that social unrest does not erupt out of the blue. Although there are a great many reasons why social dismay might descend into social disorder, only few yardsticks or indices can plausibly be used to gauge the potential for social unrest (PSU). If policy makers want to undertake public action to prevent social dismay escalating into social disruption, they obviously need to draw on practical sensors. This paper assesses critically the adequacy of two such measures, the polarization (P) index, and the total relative deprivation (TRD) index. The paper proposes a tentative guide to selecting between these two measures. A review of three stylized scenarios suggests that, where income redistributions reduce the number of distinct income...
Tipo: Working or Discussion Paper Palavras-chave: Social dismay; The potential for social unrest; Polarization; Total relative deprivation; Policy choice; Public Economics; D31; D63.
Ano: 2009 URL: http://purl.umn.edu/53721
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Globalisation and Governance: Contradictions of Neo-Liberal Migration Management AgEcon
Overbeek, Henk.
Neo-liberal globalisation has primarily entailed the liberalisation of trade and capital flows, but largely ignored the issue of labour mobility. Most literature on the political economy of globalisation likewise ignores global labour mobility. This paper first asks how globalisation affects human mobility. The conclusion is that globalisation integrates the world population into the global labour market in three principal ways: through accelerated commodification of labour power, through the integration via transnational production of national and regional labour markets, and by various (sometimes new) forms of international labour mobility. Regulation of the global economy is increasingly informalised and privatised, argues the paper. This trend is also...
Tipo: Working or Discussion Paper Palavras-chave: Globalisation; Global Governance; Migration; International Migration Policy; Multilateralism; Neoliberalism; International Relations/Trade; Political Economy; D30; D63; P5.
Ano: 2002 URL: http://purl.umn.edu/26363
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