Growth stability is an important objective—because development requires sustained increases in income, because volatility is costly for the poor, and because volatility deters growth. We study the determinants of average growth and its volatility as a two-equation system, and find that higher levels of democracy and diversification lower volatility, whereas volatility itself reduces growth. Mus...

This study empirically examines the impact of geographic expansion and income diversification on bank stability in Vietnam between 2006 2015 using system generalized method moments (GMM). The findings show that general can enhance while per se does not. results also indicate state-owned commercial banks could only benefit from rather than diversification. However, foreign ownership tends to pro...

This paper addresses the development of farm businesses in Sweden, 2000–2007, with regard to their specialization in single farm enterprises, diversified agricultural production and diversification with new income-generating ventures. Furthermore, regression analysis is used to study the impact of farm characteristics on the observed specialization and diversification. The study is based a pane...

Agricultural production in the Midwestern US is highly concentrated with 85% percent of cropland acreage planted to only corn and soybeans (NASS, 2006). Crop specialization has improved the productivity and market efficiency of grain based commodity crops, but maintaining profitability has become increasingly difficult as input prices continue to rise while grain prices fluctuate substantially ...