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Reconsiderando la metodología FAO sobre el cálculo del número de personas que pasan hambre en el mundo AgEcon
Morales-Opazo, Cristian; Barreiro-Hurlé, Jesús.
FAO measure of undernourishment is calculated based on three main parameters: dietary energy supply (DES), minimum dietary energy requirement (MDER), and the coefficient of variation of dietary energy consumption (CV). In the current implementation of this methodology, the DES and the MDER change over time, as would be expected. The CV, however, remains constant. However, we expect the CV to change over time and be a function of income and prices. This paper discusses why the CV should change in response to changes in these variables, and suggests a practical way to estimate changes in the CV over time in the absence of survey data.
Tipo: Article Palavras-chave: Income; Prices; Consumption; Undernourishment; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; E21; O11; O19.
Ano: 2011 URL: http://purl.umn.edu/120198
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Use of household food insecurity scales for assessing poverty in Bangladesh and Uganda AgEcon
Alcaraz V., Gabriela; Zeller, Manfred.
An important dimension of poverty is access to food. Household food security implies access to the food needed for a healthy and productive life. Lack of access to and/or impaired utilization of food contribute to household food insecurity. This study compares the usefulness of a standardized food insecurity scale for determining the food insecurity status of rural and urban households in Bangladesh and Uganda, and for predicting poverty status. The analysis uses data from the IRIS Composite Survey Household Questionnaire (2004), which consists of 1,587 households (approximately 800 households in each country). The coping mechanisms adopted in the presence of food shortages represent the building blocks for the development of the scale (7 items). In order...
Tipo: Working or Discussion Paper Palavras-chave: Food insecurity scale; Poverty; Bangladesh; Uganda; Agricultural and Food Policy; Food Security and Poverty; I32; O11; Q18.
Ano: 2008 URL: http://purl.umn.edu/57164
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Demographic Determinants of Savings: Estimating and Interpreting the Aggregate Association in Asia AgEcon
Schultz, T. Paul.
Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The association between the age composition of a nation’s population and its savings rate, observed within 16 Asian countries from 1952 to 1992, is reestimated here to be less than a quarter the size reported in a seminal study, which assumed lagged savings is exogenous. Specification tests as well as common sense imply, moreover, that lagged savings is likely to be endogenous, and when estimated accordingly there remains no significant dependence of savings on the age composition, measured in several ways. Research should consider lifetime savings as a substitute for children, and model the causes for the decline in fertility which changes...
Tipo: Working or Discussion Paper Palavras-chave: Life cycle savings; Aging; Asian growth; Demographic transition; Financial Economics; D91; J11; O11; O53.
Ano: 2004 URL: http://purl.umn.edu/28409
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Modelling the Fiscal Effects of Aid: An Impulse Response Approach for Ghana AgEcon
Morrissey, Oliver; Osei, Robert; Lloyd, Tim A..
An important feature of aid to developing countries is that it is given to the government. As a result aid has the potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on policy, it has tended to neglect the effect of aid on the fiscal behaviour of governments. While fiscal response models have been developed to examine the effects of aid on fiscal aggregates - taxation, expenditure and borrowing - the underlying theory is ad hoc and empirical methods used are subject to severe limitations. This paper applies techniques developed in the "macroeconometrics" literature to estimate the dynamic structural relationship between aid and fiscal aggregates. Using vector autoregressive methods,...
Tipo: Working or Discussion Paper Palavras-chave: Aid; Fiscal Response; Ghana; International Development; International Relations/Trade; F35; O23; O11; O55.
Ano: 2002 URL: http://purl.umn.edu/26226
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New Results On Censored Regression with Applications to Transactions Costs, Household Decisions and Food Purchases AgEcon
Holloway, Garth J.; Mazzocchi, Mario; Perali, Carlo Federico.
We generalize the Tobit censored regression to permit unique unobserved censoring thresholds conditioned by covariates and a set of common response coefficients. This situation , we argue, is one arising frequently in applications of censored regression and we provide three diverse examples to motivate the theory. We derive a robust estimation algorithm with three noteworthy features. First, by augmenting the observed-data likelihood with the censored observations, the estimation strategy is the same as Chib (1992) who derives Bayes estimates of the conventional censored regression. Second, by virtue of its generality, the model is applicable to a much broader set of circumstances than the conventional Tobit regression, which is nested as a special case of...
Tipo: Conference Paper or Presentation Palavras-chave: Conditionally censored Tobit regression; Bayes inference; Food Consumption/Nutrition/Food Safety; O11; C34; O13.
Ano: 2006 URL: http://purl.umn.edu/25293
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Institutions and Development: A View from Below AgEcon
Pande, Rohini; Udry, Christopher R..
In this paper we argue the case for greater exploitation of synergies between research on specific institutions based on micro-data and the big questions posed by the institutions and growth literature. To date, the macroeconomic literature on institutions and growth has largely relied on cross-country regression evidence. This has provided compelling evidence for a causal link between a cluster of ‘good’ institutions and more rapid long run growth. However, an inability to disentangle the effects of specific institutional channels on growth or to understand the impact of institutional change on growth will limit further progress using a cross-country empirical strategy. We suggest two research programs based on micro-data that have significant potential....
Tipo: Working or Discussion Paper Palavras-chave: Institutions; Growth; Cross-country regressions; Institutional and Behavioral Economics; International Development; O11; O12; O17; P51.
Ano: 2005 URL: http://purl.umn.edu/28468
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Re-testing the Resource Curse Hypothesis Using Panel Data and an Improved Measure of Resource Intensity AgEcon
Rambaldi, Alicia N.; Hall, Greg; Brown, Richard P.C..
Most empirical studies of the Resource Curse Hypothesis (RCH) find evidence of a strong negative relationship between a country's natural resource abundance and economic growth. We question the reliability of these findings in relation to the definitions and measures used for both resource intensity and economic growth, and the econometric testing which we consider deficient. We use an alternative, per capita resource rents measure of resource intensity that excludes renewable resources and avoids the circularity and bias of other output-related measures. Using Cluster Analysis, we compare the grouping of countries on the basis of three resource intensity definitions; viz. Sachs and Warner's (1995), Gylfason and Zoega's (2002) and our per capita rents, and...
Tipo: Conference Paper or Presentation Palavras-chave: Resource Curse Hypothesis; Economic growth; Resource rents; Panel evidence; Cluster Analysis; Governance; Resource /Energy Economics and Policy; Q32; O13; O11; F43.
Ano: 2006 URL: http://purl.umn.edu/25289
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Impeded Industrial Restructuring: The Growth Penalty AgEcon
Audretsch, David B.; Carree, M.A.; van Stel, A.J.; Thurik, A.R..
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing the same shift in their industrial structures. Very little is known about the cost of resisting this restructuring process. The goal of this paper is to identify whether there is a cost, measured in terms of forgone growth, of an impeded restructuring process. The cost is measured by linking growth rates of OECD countries to deviations from the optimal industrial structure. The empirical evidence suggests that countries impeding the restructuring process pay a...
Tipo: Working or Discussion Paper Palavras-chave: Industry structure; Firm size distribution; Entrepreneurship; Economic growth; Industrial Organization; O11; L11.
Ano: 2000 URL: http://purl.umn.edu/26254
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Tourism and Development: A Recent Phenomenon Built on Old (Institutional) Roots? AgEcon
Brau, Rinaldo; Di Liberto, Adriana; Pigliaru, Francesco.
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates than those observed in industrialized countries. However, this evidence ignores the importance of institutional quality and results are likely to be biased by omitted variable problems. In this paper we frame our starting question within the general debate about the importance of good/bad institutions as fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth are in fact driven by the...
Tipo: Working or Discussion Paper Palavras-chave: Economic Development; Tourism Specialization; Institutions; Community/Rural/Urban Development; O11; O50; O47; F43; L83.
Ano: 2010 URL: http://purl.umn.edu/59425
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Technology Change: Sources and Impediments AgEcon
Ranis, Gustav; Irons, Mallory; Huang, Yanjing.
There is little doubt that technology change, both in terms of its process and quality dimensions, represents the principal driving force to explain comparative economic performance at both micro and macro levels. This paper examines the sources of technology change and the impediments to the full realization of its opportunities, both abstractly and in the context of a comparison among six typologically diverse developing countries. Among the external sources, we examine the roles of trade, foreign patents and FDI; among the internal sources we examine the roles of investment, domestic R&D, domestic patents, S&T personnel and secondary education alternatives. Among impediments, we analyze certain public and private policy frameworks which tend...
Tipo: Working Paper Palavras-chave: Development; Technological Change; Research and Development/Tech Change/Emerging Technologies; O11; O14; O33.
Ano: 2011 URL: http://purl.umn.edu/118647
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The End of an Era? The Medium- and Long-Term Effects of the Global Crisis on Growth in Low-Income Countries AgEcon
Berg, Andrew; Papageorgiou, Chris; Pattillo, Catherine; Spatafora, Nikola.
This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response function analysis, growth spells techniques and panel regressions, we show that external demand (ED) shocks are not historically associated with sharp declines in output growth. Given existing evidence that LICs were primarily impacted by such a shock in the global financial crisis, our analysis provides some optimism on the chances that LICs will avoid a protracted period of slow growth. However, we also show that there seem to be persistent output losses associated with ED shocks in the medium-run. In terms of policy implications, our analysis provides evidence...
Tipo: Conference Paper or Presentation Palavras-chave: Global financial crisis; External shocks; Low-income countries; Medium- and long-term growth; Impulse response functions; Growth spells; Panel growth regressions; Agribusiness; O11; O19; O23; O47.
Ano: 2011 URL: http://purl.umn.edu/115524
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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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Impact of the EU Milk Quota on Structural Change in the Dairy Sectors of Germany and The Netherlands AgEcon
Huettel, Silke; Jongeneel, Roelof A..
Tipo: Conference Paper or Presentation Palavras-chave: Markov Chain; Milk Quota Scheme; Structural Change; Agribusiness; Agricultural and Food Policy; O11; C11.
Ano: 2009 URL: http://purl.umn.edu/50943
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Geography and Economic Transition: Global Spatial Analysis at the Grid Cell Level AgEcon
Motamed, Mesbah J.; Florax, Raymond J.G.M.; Masters, William J..
This paper addresses the timing of historical transition from rural to urban activity. In our model, rural production has constant returns and meets subsistence needs, while urban production has scale economies and meets the demands of higher-income consumers. Urbanization occurs sooner when rural or urban productivity is higher or transport costs are lower. We test the model on worldwide data that divides the earth's surface at half-degree intervals into over 60,000 cells. From an independent estimate of each cell's rural and urban population history, we identify the date at which each cell achieves various thresholds of urbanization. Controlling for country fixed effects and neighbors' urbanization using spatial techniques, we find that the date at which...
Tipo: Conference Paper or Presentation Palavras-chave: Economic growth; Economic geography; Urbanization; Agriculture; Community/Rural/Urban Development; Research Methods/ Statistical Methods; C21; N50; O11; O18; R1.
Ano: 2009 URL: http://purl.umn.edu/49589
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Texto Bàsico de Economia Agrícola: Su importancia para el Desarrollo Local Sostenible AgEcon
Zúniga-González, Carlos Alberto.
The present works is part of my doctoral dissertation for getting title of Doctor of Philosophy with major in Science and Specialization in the Economics of Agriculture and Local Development. The research hypothesis was: “If agricultural and forest activities apply agricultural economics, then it highlights the important element for sustainable local development, useful for the policy maker and decisions taker”. Therefore, the study makes emphasis in the importance for applying agricultural economics to the forest and agricultural activities. The agricultural economics basic text is an elemental document for the agricultural economics curricular component; it is a component for the agricultural and economic science careers. The academic...
Tipo: Book Palavras-chave: Agricultural Economics; Sustainable Local Development; Data Envelopment Analysis.; Agribusiness; Agricultural and Food Policy; Food Security and Poverty; Political Economy; Production Economics; Productivity Analysis; O11; O12; O38; P51; Q18.
Ano: 2011 URL: http://purl.umn.edu/111604
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The New Model of Foreign Aid Drawn from the Experiences of Japan and the United States AgEcon
Ranis, Gustav; Kosack, Stephen; Togo, Ken.
This paper compares Japan and the US as they provide different types of capital to the developing world, focusing especially on foreign aid and, to some extent, also on remittances and the role of NGOs. The main focus is on the quality of aid and on past conceptual differences and on an emerging convergence between these two major donors, with Japan having the potential advantage of being able to bring its own historical experience in development to bear.
Tipo: Working Paper Palavras-chave: Foreign Aid; Remittances; NGO; Japan; U.S.; International Development; O11; O15; O16; O23.
Ano: 2011 URL: http://purl.umn.edu/118648
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BAYES' ESTIMATES OF THE DOUBLE HURDLE MODEL IN THE PRESENCE OF FIXED COSTS AgEcon
Holloway, Garth J.; Barrett, Christopher B.; Ehui, Simeon K..
We present a model of market adoption (participation) where the presence of non-negligible fixed costs leads to non-zero censoring of the traditional double-hurdle regression. Fixed costs arise due to household resources that must be devoted a priori to the decision to participate in the market. These costs-usually a cost of time-motivate two-step decision-making and focus attentions on the minimum-efficient scale of operations (the minimum amount of milk sales) at which market entry becomes viable. This focus, in turn, motivates a non-zero-censored Tobit regression estimated through routine application of Markov chain Monte Carlo Methods.
Tipo: Working or Discussion Paper Palavras-chave: Market participation; Fixed costs; Double-hurdle model; Censored regression.; Financial Economics; O1; O11; C34; O13; Q16; D1.
Ano: 2002 URL: http://purl.umn.edu/14741
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Arthur Lewis' Contribution to Development Thinking and Policy AgEcon
Ranis, Gustav.
Arthur Lewis’ seminal 1954 paper and its emphasis on dualism appeared at a time when neither the work of Keynes or Harrod-Domar nor the later neoclassical production function of Solow seemed relevant for developing countries. As a consequence, his model, rooted in the classical tradition, plus its many extensions, generated an extensive literature at the center of development theory. The approach also encountered increasingly strong criticism, some of the “red herring” variety, but some, spearheaded by neoclassical microeconomists like Rosenzweig, also raised serious challenges, focused especially on its labor market assumptions. This paper reviews this landscape and asks what theoretical or policy relevance the Lewis model retains for today’s developing...
Tipo: Working or Discussion Paper Palavras-chave: Development theory; Dualism; Labor markets; International Development; O11.
Ano: 2004 URL: http://purl.umn.edu/28410
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Investments and Financial Flows Induced by Climate Mitigation Policies AgEcon
Bastianin, Andrea; Favero, Alice; Massetti, Emanuele.
In this paper we use the hybrid integrated model WITCH to quantify and analyze the investments and financial flows stimulated by a climate policy to stabilize Greenhouse Gases concentrations at 550ppm CO2-eq at the end of the century. We focus on investments to decarbonize the power sector and on investments in knowledge creation. We examine the financial flows associated with the carbon market and the implications for the international trade of oil. Criticalities in investment requirements will emerge when coal power plants with carbon capture and sequestration and nuclear power plants are deployed around 2020-2040, both in high and low income regions. Investments in energy related R&D increase sharply and might cause stress in the short term....
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; Mitigation; Carbon Finance; Emission Trading; Energy Investments; Environmental Economics and Policy; Q01; Q43; Q54; O32; O11.
Ano: 2010 URL: http://purl.umn.edu/59418
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Spatial Development AgEcon
Desmet, Klaus; Rossi-Hansberg, Esteban.
We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much to innovate (if at all) in manufacturing and services. Locations can trade subject to transport costs and technology diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the evolution of economic activity over time and space. We apply the model to study the evolution of the U.S. economy in the last few decades and find that the model can generate the reduction in the employment share in manufacturing, the increase in service productivity in the second part of the 1990s, the increase in land rents in the same period, as well as several other spatial and temporal patterns.
Tipo: Working or Discussion Paper Palavras-chave: Dynamic Spatial Models; Growth; Innovation; Land Rent Evolution; Structural Transformation; Technology Diffusion; Trade; Community/Rural/Urban Development; E32; O11; O18; O33; R12.
Ano: 2010 URL: http://purl.umn.edu/59852
Registros recuperados: 35
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