Does the provision of livestock insurance raise the unintended consequence of stimulating excessive herd accumulation and less environmentally-sustainable herd movement patterns? The impact of insurance is theoretically ambiguous: if precautionary savings motives for holding livestock assets...

Efficient information exchanges between sellers and buyers are essential if prices are to act as a signal for resource allocation in an economy. In the case of seed and planting materials, information on quality traits are often difficult for consumers (farmers) to obtain prior to purchase,...

This study evaluates the impact of Heifer International’s livestock donation program in the Copperbelt Province in Zambia. Using a panel data of 300 households and 4 survey rounds, this analysis assesses the impact of dairy cow, meat goat, and draft cattle donation programs on poverty and food...

Social networks play an important role in generating learning externalities that can drive the diffusion of innovative, and potentially poverty-reducing, technologies. This is particularly the case in developing countries where rural education, extension, and agricultural information services...

This paper investigate the effect of credit constraints on children’s academic performances in Vietnam. To estimate precise effect, this paper measures the credit constraints directly and address endogeneity of credit constraints. The results tell us that credit constraints have more effect on...

With the rapidly changing economic environments and numerous challenges hindering smallholders’ adoption of externally developed technologies, it is often argued that farmers’ innovations may be essential in the livelihoods of rural farm households and need to be promoted. Yet a rigorous...

In the context of bovine tuberculosis (bTB) control in New Zealand cattle, we address the problem of management under uncertain disease prevalence by integrating a model of disease transmission and Bayesian learning from testing. We show the implications of accounting for the full dynamic value...

This paper builds a model determining optimal capacities of diversion dams or water transfer projects. The model incorporates stochastic inflows to the dams and the role of the dam capacity in reducing overflows, and gives a closed-form expression of the marginal benefit of capacities....

Upon outbreak of a contagious animal disease, a primary motive for restoring disease-free status is often to regain access to international product markets. Efforts applied toward continuing or regaining such access is a public good; all growers benefit regardless of extent of private efforts...