This paper sets up a two-sector, two-period trade model of a developing country which is abundant in a non-renewable natural resource but scarce in industrial goods. It shows that lower future travel costs, rising demand for tourism and higher preferences for the environment slow down today’s optimal depletion of the natural resource that can be used for consumption or for exporting tourism ser...

In recent years, there has been increasing emphasis in the rural development literature on the multiple income-generating activities undertaken by rural households and the importance of assets in determining the capacity to undertake these activities. Controlling for endogeneity choice and applying Lee's generalization of Amemiya's two-step estimator to a simultaneous equation model, household ...

The structural transformation of agriculture in recent decades has raised serious concerns about the future of the family farm. This study examines the economic performance of U.S. farms, to explore the potential of smaller farms to compete with larger entities, and ultimately to survive in this rapidly changing environment. We use deterministic and stochastic frontier methods and survey data t...

In this paper we conduct a series of field experiments in rural India in order to measure preferences related to risk, loss, and ambiguity. Disaggregating by data, we find that on average women are significantly more risk averse and loss averse than men, though the higher average risk aversion arises due to a greater share of women who are extremely risk averse. Through a series of two empirica...

This work aims at demonstrating how the integration of the social responsibility in corporate strategy is a factor of competitiveness in the market, achieved through the full involvement of all stakeholders. The corporate social responsibility issue, still very controversial and difficult to univocally define, has been, in the latest years, of a fundamental importance in the business management...

This paper shows, in a two-sector Malthusian model of endogenous population growth, that output per capita, population density, and industrialization depend upon the labor intensity of agricultural production. Because the diminishing returns to labor are less pronounced, high labor intensity (as in rice production) leads not only to a larger population density but also to lower output per capit...

We examine the introduction of automatic air pollution monitoring to counter suspected tampering at local level, a central feature China’s “war on pollution.” Exploiting 654 regression discontinuity designs based city-level variation in day that was automated, we find an immediate and lasting increase 35 percent reported PM 10 concentrations post-automation. Moreover, automation’s increased onl...

The integration of markets may improve efficiency by lowering costs or reducing local market power. India, seeking to reduce electricity shortages, set up a new power market, in which transmission constraints sharply limit trade between regions. During congested hours, measures competitiveness fall and firms raise bid prices. I use confidential bidding data estimate the supply simulate outcomes...

There is active debate about the role of venture capital and entrepreneurship in advancing sustainability agrifood systems. Our contribution to this better understand agritech innovation intermediaries – organizations that foster by nurturing early-stage ventures. We present case Social Alpha, a “mission-oriented” intermediary based India, whose mission support innovations imp...