Agricultural development principles: Economic theory and empirical evidence, by Robert D Stevens & Cathy L Jabara, Johns Hopkins University Press, Baltimore & London, 1988

1989 ◽  
Vol 6 (1) ◽  
pp. 119-121
Author(s):  
J van Zyl
1995 ◽  
Vol 27 (5) ◽  
pp. 781-791 ◽  
Author(s):  
O Izraeli ◽  
L Mobley

In this paper it is shown that there is no support in economic theory for the suggested trade-off between jobs and the environment. Moreover, improved environmental quality may accelerate economic growth via improved health and productivity of workers, lower maintenance costs, and enhanced productivity of capital inputs. Also, empirical evidence is presented on the preference of the general public regarding environmental quality. The empirical evidence indicates that people are ready to trade part of their income for improved environmental quality.


1978 ◽  
Vol 6 (1) ◽  
pp. 115-127 ◽  
Author(s):  
Ansel M. Sharp ◽  
Phyllis Smith Flenniken

This paper examines the proposition that budget deficits are a major cause of inflation. Economic theory does not unconditionally support the proposition, and available empirical evidence does not support the proposition. During periods of expansion, 1949–1973, the increases in the money supply that can be directly traced to budget deficits are often a contributing but not necessarily a major cause of inflations. On the other hand, the fiscal effects of the budget, because of the automatic growth in federal receipts, are usually checking the growth in both prices and real output. Based on the discussion and data presented in this paper, the deficit hypothesis cannot be accepted. Inflations are too complicated phenomena to be explained by a single variable such as budget deficits.


2009 ◽  
Vol 53 (3) ◽  
pp. 351-369
Author(s):  
Alain Chiavelli ◽  
Michel Rainelli

Abstract The hypothesis of an equalization of sectorial rates of profit has an important role to play in the economic theory. Though it has been formulated a long time ago (A. Smith, D. Ricardo…), now as a definite principle (with its mechanism) and now as a postulate, it is however contradicted by statistical observation. There have been various answers to this problem. We propose to study it in a new light, emphasizing that the formulation of this "law" as well as its empirical evidence are registered within the traditional framework of activity sector. Then, we have to think about the latter as it has a fundamental role to play. But the activity sector is no longer a homogeneous category, for firms can considerably differentiate the conditions (technological and financial ones) of capital allowance, independently of any reference to the notion of product. Then, we must think over this problem, no longer wondering where this allowance of the capital is produced, but how. This brings us to propose the elaboration of a new classification of the firms, that leads to an analysis at an "intermediary level" other than the insufficient level that results from the division of the economy into activity sectors.


Author(s):  
Yannis Katsoulacos ◽  
Eleni Metsiou

In this chapter, we first discuss the empirical evidence on cartel formation that is particularly worrying in recent years for the case of BRICS and developing countries and the traditional economic theory on deterrence as applied to sanctioning policies. We evaluate the available empirical evidence and discuss the reasons why cartels are still very active, despite the significant increase in the fines imposed, the application of leniency programmes, and the tougher antitrust enforcement. We point out three reasons why current sanctioning methods are not as effective as they could be, specifically currently: (1) penalties are misdirected to corporations and not to responsible individuals; (2) penalties on corporations are inefficiently designed by using wrong penalty bases; and (3) there is no exploitation of complementary policies, specifically for policies preventing recidivism in cartel formation. We conclude by pointing to a number of proposals for enhancing the effectiveness of sanctioning regimes.


Author(s):  
Justin George ◽  
Adesoji Adelaja ◽  
Titus O Awokuse

Abstract Fulani ethnic militia (FEM) violence has increased significantly in recent years, making it one of the most lethal groups in the world. However, empirical evidence on the impacts of FEM on agriculture is scarce. We investigate the agricultural impacts of such violence in the case of Nigeria using a nationally representative panel dataset and armed conflict data. We find that increased FEM violence reduces agricultural output, outputs of specific staple crops and area harvested. FEM violence also reduces farmers’ cattle holdings by increasing cattle thefts and losses and reducing purchased cattle. The agricultural development implications of the FEM cannot be ignored.


2011 ◽  
Vol 47 (Special Issue) ◽  
pp. S6-S19 ◽  
Author(s):  
P.G. Pardey

The 20<sup>th</sup> century began with a rapid ramping up of national investments in and institutions engaged with research for food and agriculture. As the 21<sup>st</sup> century unfolds, the global science and agricultural development landscapes are changing in substantive ways, with important implications for the funding, conduct and institutional arrangements affecting research for food and agriculture. Wheat improvement research is part of this broader agricultural innovation landscape. While there is a general consensus that the present and prospective future of the agricultural sciences bears little resemblance to the situations that prevailed in the formative years of today&rsquo;s food and agricultural research policies and institutions, many of these changes are poorly understood or only beginning to play out. This paper reports on selected new and emerging empirical evidence to calibrate the strategic private and public choices being made regarding wheat research in particular and food and agricultural R&amp;D more generally.


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