Article history: Received 8 March 2006 Available online 17 October 2008 JEL classification: C61 C72 C73

This paper studies how land reform and population growth affect land inequality, incorporating indirect effects owing to their influence on household divisions and land market transactions. An intra-household model of joint production explains how divisions and land transactions emerge to avoid inefficient free-riding, and how they are affected by land reform and growth in household size. These...

a r t i c l e i n f o JEL codes: C61 C71 C72 O13 O21 Keywords: Biofuel Supply chain Land use Spatial market equilibrium MPEC The rapid expansion of the biofuel industry diverts a large amount of agricultural crops as energy feedstocks, and in turn affects farm land allocation, feedstock market equilibrium, and agricultural economic development in local areas. In this paper, we propose game-theo...

Article history: Received 6 August 2010 Received in revised form 15 November 2010 Accepted 23 November 2010 Available online 2 December 2010 JEL classification: C61 E21 O41

Article history: Received 29 July 2008 Accepted 29 August 2008 Available online 5 September 2008 JEL classification: G11 G10 C61 G19

This paper examines how robust economic, political, and demographic variables are related to water and air pollution. Employing Bayesian Averaging of Classical Estimates (BACE) for a cross section of up to 74 countries, 33 variables and 3 proxies for air and water pollution over a period from 1980 to 1995 we confirm the Environmental Kuznets Curve hypothesis, highlight the relevance of efficien...

We prove the generality of the methodology proposed in Benigno and Woodford (2006). We show that, even in the presence of a distorted steady state, it is always possible and relatively simple to obtain a purely quadratic approximation to the welfare measure. We also show that, in order to do so, the timeless perspective assumption is crucial. JEL classification: C61, C63

This paper highlights connections between the discrete and continuous approaches to optimal auction design with single and multi-dimensional types. We provide an interpretaion of an optimal auction design problem in terms of a linear program that is an instance of a parametric shortest path problem on a lattice. We also solve some cases explicitly in the discrete framework. JEL Classification: ...