Tahun Terbit

2014

In many parts of the world, natural vegetation has been cleared to allow agricultural production. To ensure a long-term flow of ecosystem services without compromising agricultural activities, restoring the environment requires a balance between public and private benefits and costs. Information about private benefits generated by environmental assets can be utilized to identify conservation o…

Farmland conservation policies typically use zoning and differentiated taxes to prevent urban development of farmland, but little is known about the effectiveness of these policies. This study adds to current knowledge by examining the impact of British Columbia�s Agricultural Land Reserve (ALR), established in 1973, which severely restricts subdivision and nonagricultural uses for more th…

Tahun Terbit

2014

Tahun Terbit

2014

Tahun Terbit

2014

Are labels good or bad for consumers and firms? The answer may seem straightforward since labels improve information, yet economic theory reveals situations where their introduction reduces the welfare of at least some market participants. This essay reviews the theoretical literature on labels in order to identify and explain the main reasons that may cause labeling to produce undesirable side…

Using a difference-in-differences approach, we exploit a quasi experiment occurred in a large public university located in southern Italy to examine whether the introduction of a selective admission test affects students� performances. Our analysis on this unique data set shows that a change of regime to a restrictive admission policy reduces the drop-out rate of first-year students by ab…

Tahun Terbit

2014

Tahun Terbit

2014