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"Calculations of marginal welfare effects suggest that agricultural development has had important positive effects on national welfare, especially in developing countries. Latin American and Caribbean countries have also benefited from agricultural growth, but nonagricultural production has had marginal welfare effects that are greater in magnitude than those provided by agricultural activities. In contrast, the industrialized, high-income countries experienced marginal welfare gains from nonagricultural activities that are much greater than those derived from agriculture, whose impact is actually negative. These calculations of marginal welfare effects across regions depend on econometric estimates of elasticities linking agricultural and nonagricultural economic activities to four elements in a national welfare function: national GDP per capita, average income of the poorest households within countries, environmental outcomes concerning air and water pollution and deforestation, and macroeconomic volatility. The econometric analyses are motivated by theoretical treatments of key issues. The empirical models are estimated with various econometric techniques that deal with issues of causality and international heterogeneity. This paper--a product of the Office of the Chief Economist, Latin America and the Caribbean Region--is part of a larger effort in the region to study the rural contribution to development"--World Bank web site.
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This book presents an accessible and sometimes controversial economic exploration of numerous issues surrounding sex, marriage and family. It analyses the role of 'vanity', defined as social status and self-esteem, in social and economic behaviours. In Veblen's theory of conspicuous consumption, vanity is associated with the consumption of luxuries such as expensive handbags and cars. In this book, C. Simon Fan provocatively argues that vanity is obtained by having a spouse and children with perceived 'high-quality' values, for example, a beautiful wife, a tall husband or intelligent offspring. He demonstrates from various perspectives that vanity plays a crucial role in male-female relationships and intergenerational relationships. In doing so, he challenges the conventional frontier of economics and contributes to other social sciences. This unique book will appeal to the educated general reader and interested academic alike.
Sex --- Marriage --- Families --- Economic aspects --- Economic aspects --- Economic aspects
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Demography --- Fertility, Human --- Economic aspects --- Economic aspects
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State, The --- Utopias --- Economic aspects --- Economic aspects
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The stock of the world's biological diversity and the state of its ecosystems are major determinants of the availability of commodities, both essential and desirable, for human life. This leading-edge study provides an overarching and balanced approach to the economics of biological conservation; considering man made and natural components, and their interdependence. Recognising the deficiencies of many contemporary studies, which focus almost entirely on natural capital, Clement Tisdell utilizes the concept of heritage biological capital, including germplasm, as part of his analysis of changes in the stock of biological capital. This comprehensive synthesis casts doubt upon some propositions and policies for resource conservation recommended by eminent ecologists in areas such as GM crops and livestock husbandry as well as agroecosystems and the concept of sustainable agricultural intensification. The propositions presented are lent strength by the author's decision to relate his analysis to pertinent contemporary institutional developments and scientific advances. The broad scope and rational scepticism with which this book has been compiled make it an ideal read for economists interested in ecological and environmental economics, natural scientists with an interest in biodiversity conservation and higher level policy makers in ecological and environmental fields.
Biodiversity --- Ecosystem management --- Economic aspects. --- Economic aspects.
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Privatization --- Trade regulation --- Economic aspects --- Economic aspects
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Information technology --- Internet --- Economic aspects --- Economic aspects
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"Taking an empirical economics perspective, this volume assesses the causal impacts of disadvantage on youth outcomes and how policy interventions can alleviate those impacts. Each chapter develops a framework to describe the relationship between youth disadvantages and later life outcomes, addressing such factors as educational opportunity, health, neighborhood crime rates, and employment. This book documents the serious short-and long-term consequences of childhood disadvantage and provides nuanced evidence of the impact of public policy designed to help needy children." "This volume offers comparative analysis from twelve countries and examines the issue of age in the labor force. Contributors analyze the relationship between incentives to retire and the proportion of older persons in the workforce, the effects that reforming social security would have on the employment rates of older workers, and how extending labor force participation will affect program costs. Dispelling the myth that employingolder workers takes jobs away from the young, this timely volume challenges a raft of existing assumptions about the relationship between old and young people in the workforce." "In less than three decades, China has grown from playing a negligible role in world trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. This volume undertakes an empirical investigation of the effects of China's new status, providing detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. Careful examination of micro data in light of established economic theories clarifies a number of misconceptions, overturns some conventional wisdom, and documents data patterns that enhance our understanding of issues related to China's trade.". "Crime rates in Latin America are among the highest in the world, and in several countries they have steadily risen over the past two decades, making crime the primary concern of many citizens. Despite this situation, there has been a lack of systematic effort to study crime in the region or the effectiveness of policies designed to tackle it. This book contributes to the current debate on causes and solutions by applying lessons learned from recent developments in the economics of crime." "The Economics of crime addresses a variety of topics, including the impact of mandatory arrest laws, education in prisons, and the relationship between poverty and crime. the book also presents research from outside Latin America, illustrating the broad range of approaches that have been fruitful in studying crime in developed nations. The Economics of Crime will be vital for researchers, policy makers, and students of both crime and of Latin American economic policy."--BOOK JACKET.
Crime prevention --- Crime --- Economic aspects --- Economic aspects
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Inventions --- Technological innovations --- Economic aspects --- Economic aspects
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Information technology --- Internet --- Economic aspects --- Economic aspects
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