3 articles found for author search: +James +A. +Roumasset
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The Microeconomics of Agricultural Development: Risk, Institutions, and Agricultural Policy
Assertions of pervasive inefficiency in the behavior and organization of developing agriculture are found to be based on unsound methodologies. Models apparently based on expected utility theory are theoretically flawed and use highly restrictive assumptions that make them largely irrelevant for...Volume 21 20th Anniversary Issue (October 2024) -
Wither the Economics of Agricultural Development?
In spite of a healthy demand for a renaissance in economic policy for agricultural development, the academic supply response is found wanting. The infusion of public economics into the economics of agricultural development, which thrived during the 1970s and 1980s, has stagnated due to the lack of...Volume 7 Issue No. 1 (June 2010) -
Rural Institutions, Agricultural Development, and Pro-Poor Economic Growth
According to conventional wisdom, the ideal form of pro-poor economic development is through investment in agriculturally-led growth. In the early stages of growth, increased production decreases food prices and shifts out the demand for labor. Inasmuch as poor households disproportionately consume...Volume 1 Issue No. 1 (June 2004)