A temporary-equilibrium model replicating institutional features of low-income agricultural economies is developed. In this model, food is held as an asset; because food production is relatively volatile, those with negative temporary income are net buyers of food. When food is the only asset, asset effects are likely to reduce the price-elasticity of the demand for food and can make it tatonne...

Pollution-intensive industries are generally characterized by imperfect competition, increasing returns to scale and large transportation costs. We investigate two countries, N and S, each with two sectors. Manufacturing generates cross-border pollution which reduces agricultural production. Firms can freely move across country borders, but not workers. First, we show that pollution lowers loca...

In 1992, the EU initiated the process of decoupling income transfers from agricultural production which has culminated in the 2003 reform of the common agricultural policy (CAP). In this reform 'single farm payments' have been introduced which are based on direct payments during the reference period 2000-2002. We use statistics of such payments to explore the distribution patterns across farm h...

One of the great challenges in agricultural development and sustainable intensification is the assurance of social equity in food security oriented interventions. Development practitioners, researchers, and policy makers alike could benefit from prior insight into what interventions or environmental shocks might differentially affect farmers' food security status, in order to move towards more ...

Preservation of biodiversity, and particularly agricultural biodiversity, has been recognized as being critical to sustaining productive ecosystems, and has been suggested as a viable strategy to promote adequate human nutrition and food security (1). In sub-Saharan Africa, farm sizes are generally small, have been declining and are expected to continue to decline over the next decades. At the ...

This paper examines the direct, first-rounds impact of two types of remittances—internal and external remittances—on income distribution and asset accumulation in rural Pakistan. Using income decomposition techniques on a threeyear panel household data set, the paper finds that internal remittances have a positive effect on equity and that external remittances have a negative effect. The study ...

This study relaxes the assumption of perfect and costless policy enforcement found in traditional agricultural policy analysis and introduces enforcement costs and cheating into the economic analysis of output subsidies. Policy design and implementation is modeled in this paper as a sequential game between the regulator who decides on the level of intervention, an enforcement agency that determ...

The agriculture field is a fundamental industry which supports the rapid development of nation’s economy. However, credit constraints faced by farmers have restricted modernization in agricultural industry. supply chain finance effective promoting rural industrial revitalization and modernization, great significance to transformation economy China. In this paper, financial coordination model co...