| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9639 |
| DP9639 Continued Existence of Cows Disproves Central Tenets of Capitalism? | |
| Dean Karlan; Santosh Anagol | |
| 发表日期 | 2013-09-08 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We examine the returns from owning cows and buffaloes in rural India. We estimate that when valuing labor at market wages, households earn large, negative average returns from holding cows and buffaloes, at negative 64% and negative 39% respectively. This puzzle is mostly explained if we value the household?s own labor at zero (a stark assumption), in which case estimated average returns for cows is negative 6% and positive 13% for buffaloes. Why do households continue to invest in livestock if economic returns are negative, or are these estimates wrong? We discuss potential explanations, including labor market failures, for why livestock investments may persist. |
| 主题 | Development Economics |
| 关键词 | investment Labor markets Livestock Profits Savings |
| URL | https://cepr.org/publications/dp9639 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538475 |
| 推荐引用方式 GB/T 7714 | Dean Karlan,Santosh Anagol. DP9639 Continued Existence of Cows Disproves Central Tenets of Capitalism?. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Dean Karlan]的文章 |
| [Santosh Anagol]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Dean Karlan]的文章 |
| [Santosh Anagol]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Dean Karlan]的文章 |
| [Santosh Anagol]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
