Econometrics Commons^™

Selección Empírica Para El Desarrollo Económico Regional, Vicente German-Soto

Vicente German-Soto

Institutional Changes And Discretionary Value For Property Rights In Drylands’ Farming Of The Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Research on land tenure and use control and the socioeconomic sets of regulations in the agricultural rainfed sub sector of Sudan, come to focus for many reasons. Anthropogenic pressure, expanding animal population and migration led to accelerated impacts on both the ecological systems and land yields. Conflicts between governmental regulations and indigenous rules contribute to generate inconsistencies on who have the right to till the land and hence own it. With such transformation logically, more intensive commercial farming took place and land intake exponentially increased. Private or collective property rights of land are procured through traditional tenure, prescription, settlement or …

Consumption Adjustment Under Time-Varying Income Uncertainty, Douglas Steigerwald, Joon-Ho Hahm

Douglas G. Steigerwald

We study the effect of income uncertainty on consumption in a model that includes precautionary saving. In contrast to previous studies, we focus on time-series variation in income uncertainty. Our time-series measure of income uncertainty is constructed from a panel of forecasts. We find evidence of precautionary saving in that increases in income uncertainty are related to increases in aggregate rates of saving. We also find evidence that anticipated income growth rates have less explanatory power for consumption growth rates after conditioning on income uncertainty. The evidence indicates the presence of forward-looking consumers who gradually adjust precautionary savings in response …

Demand For Ground Transportation Fuel And Pricing Policy In Asian Tigers, Ujjayant N. Chakravorty, Sara Banaszak, Pingsun Leung

Ujjayant Chakravorty

This paper examines the demand for gasoline and diesel in the ground transportation sectors of Korea and Taiwan, comparing the effects of their different pricing policies and stages of economic growth.