Fieldwork, Economic Theory, and Research on Institutions in Developing Countries

2003 ◽  
Vol 93 (2) ◽  
pp. 107-111 ◽  
Author(s):  
Christopher Udry
Keyword(s):  
Economic Theory ◽  
Developing Countries

scholarly journals The Theory of Agricultural Price Bubble & Price Crash in Global Economy

2019 ◽  
Vol 6 (5) ◽  
pp. 168
Author(s):  
M.B. Dastagiri ◽  
L. Bhavigna
Keyword(s):  
Economic Theory ◽  
Developing Countries ◽  
Agricultural Land ◽  
Wholesale Price ◽  
Price Transmission ◽  
Price Fluctuations ◽  
Agricultural Prices ◽  
Forecasting Models ◽  
Price Bubble ◽  
Agricultural Price

Agricultural prices play greater role in living Economics. Since many decades’ farmers faced declining agricultural prices and low prices in developing countries. Therefore, in these countries agricultural price policies are under closer appraisal.  Government and policy makers worry about inflation. Economic precision is required in determining prices. This understanding led to conception of the study. The specific objectives are to review various agricultural price theories, research evidences and construct the theory of agricultural price bubble and crash and their effect on macro economy and suggest measures to improve. The study reviews various agricultural price theories, concepts, policies, research gaps and do meta-analysis and formulated the theory of Agricultural prices bubble and price crash. Since 1950, many development economists and practitioners prophesy in developing countries is that low agricultural commodities prices discourage poverty alleviation. Many countries are unable to make successful pricing policies due to there is not enough operative methodological and theoretical support for decision-making. According to the economic theory of cooperativism, the entities come closer to the pecking order theory. Unexpected changes and changes in regulations can have significant impact on the profitability of farming activities. “Demand channel" is the crucial factor in elucidation of commodity price growth. Future prices moments in agriculture have fat-tailed distributions and display quick and unpredicted price jumps. World Trade Organization study highlights the importance of strengthening multilateral disciplines on both import and export trade interventions to food price fluctuations to reduce beggar-thy-neighbor unilateral trade policy. The theory of NAFTA regionalism did not lead to regionalization and not increasing share of intraregional international trade. In EU countries land rents in modern agriculture causing upward trend in agricultural land prices. Information friction, agricultural supports, agricultural price & trade policies, agricultural price transmission are responsible price fluctuations. In economic theory, asymmetric price transmission has been the subject of considerable attention in agricultural gaps. Selection of forecasting models are based on chaos theory. Chaos in agricultural wholesale price data provides a good theoretical basis for selecting forecasting models. This theory can be applied to agricultural prices forecasting. Novelties in agricultural products fluctuations research offer scientific basis in planning of agricultural production.

Neuroeconomics as a Factor in the Decision-Making of Women Entrepreneurs in Developing Countries

2021 ◽  
pp. 87-100
Author(s):  
Jovanna Nathalie Cervantes-Guzmán
Keyword(s):  
Decision Making ◽  
Economic Theory ◽  
Developing Countries ◽  
Women Entrepreneurs ◽  
Good Decision ◽  
Behavioral Bias ◽  
Decision Making Models

Neuroeconomics will help solve questions that constitute a good decision, the factors that influence decisions, and how they are made. The study will expose from the experts' opinion the tangible and intangible factors that influence decisions from the perspective of the neuroeconomics. A modified Dephi method that integrates neuroeconomics is used. Neuroeconomics has the potential to explain phenomena that are considered a deviation from the prediction or behavioral bias of decision-making models in economic theory. The study exposes the opinions that have a greater degree of relevance from the experts.

The Economics of Antitrust Sanctioning

2018 ◽  
Author(s):  
Yannis Katsoulacos ◽  
Eleni Metsiou
Keyword(s):  
Economic Theory ◽  
Developing Countries ◽  
Empirical Evidence ◽  
Antitrust Enforcement ◽  
Cartel Formation

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.

scholarly journals Trade Liberalization: Is It Desirable for All Developing Economies?: A Literature Review

2019 ◽  
Vol 10 (3) ◽  
pp. 199
Author(s):  
Mehmet Huseyin Bilgin
Keyword(s):  
Economic Theory ◽  
Developing Countries ◽  
International Trade ◽  
Literature Review ◽  
Trade Liberalization ◽  
Free Trade ◽  
Developing Economies ◽  
Good For

Economic theory says all countries benefit from free international trade. However, does this belief tell the whole story? Can all countries indeed benefit from free trade? For instance, is it any good for developing countries? In the literature, there are many studies and some of them present ideas against free trade. In this paper, we strive to provide a brief of the literature on developing economies.

Reviews and Notice

1978 ◽  
Vol 34 (1) ◽  
pp. 80-91 ◽  
Keyword(s):  
Economic Theory ◽  
Developing Countries ◽  
International Relations ◽  
Brain Drain ◽  
Successful Management ◽  
Corporate Planning ◽  
The Brain

GENERAL: ASOKA MEHTA Reflections on Socialist Era. S. Chand GENERAL: A.K. DIXIT: Optimization in Economic Theory. GENERAL: S. VENU: Successful Management in Developing Countries: 5-Corporate Planning. GENERAL: P. VAS-ZOLTAN: The Brain Drain: An Anomaly of International Relations. GENERAL: MILENKOVITCH, DEBORAH and MICHAEL ( Ed.) : Milovan Djilas : Parts of a Lifetime.

scholarly journals The Economics of Fair Trade

2014 ◽  
Vol 28 (3) ◽  
pp. 217-236 ◽  
Author(s):  
Raluca Dragusanu ◽  
Daniele Giovannucci ◽  
Nathan Nunn
Keyword(s):  
Economic Theory ◽  
Developing Countries ◽  
Fair Trade ◽  
Single Product ◽  
The Past ◽  
The Poor ◽  
Long Run ◽  
Potential Benefits ◽  
Critical Overview ◽  
Trade Market

Fair Trade is a labeling initiative aimed at improving the lives of the poor in developing countries by offering better terms to producers and helping them to organize. Although Fair Trade–certified products still comprise a small share of the market—for example, Fair Trade–certified coffee exports were 1.8 percent of global coffee exports in 2009— growth has been very rapid over the past decade. Whether Fair Trade can achieve its intended goals has been hotly debated in academic and policy circles. In particular, debates have been waged about whether Fair Trade makes “economic sense” and is sustainable in the long run. The aim of this article is to provide a critical overview of the economic theory behind Fair Trade, describing the potential benefits and potential pitfalls. We also provide an assessment of the empirical evidence of the impacts of Fair Trade to date. Because coffee is the largest single product in the Fair Trade market, our discussion here focuses on the specifics of this industry, although we will also point out some important differences with other commodities as they arise.

scholarly journals The structuralist tradition in economics: methodological and macroeconomics aspects

2015 ◽  
Vol 35 (2) ◽  
pp. 247-266 ◽  
Author(s):  
FABRÍCIO MISSIO ◽  
FREDERICO G. JAYME JR. ◽  
JOSÉ LUÍS OREIRO
Keyword(s):  
Economic Growth ◽  
Economic Theory ◽  
Developing Countries ◽  
The Subject ◽  
General Aspects ◽  
Methodological Aspects ◽  
High Road ◽  
Center Periphery

This paper examines the structuralist tradition in economics, emphasizing the role that structures play in the economic growth of developing countries. Since the subject at hand is evidently too large to cover in a single article, an emphasis has been brought to bear upon the macroeconomic elements of such a tradition, while also exploring its methodological aspects. It begins by analysing some general aspects of structuralism in economics (its evolution and origins) associated with ECLAC thought, in this instance focusing on the dynamics of the center-periphery relationship. Thereafter, the macroeconomic structuralism derived from the works of Taylor (1983, 1991) is presented, followed by a presentation of neo-structuralism. Centred on the concept of systemic competitiveness, this approach defines a strategy to achieve the high road of globalization, understood here as an inevitable process in spite of its engagement being dependent on the policies adopted. The conclusions show the genuine contributions of this tradition to economic theory.

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