| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19437 |
| 来源ID | Working Paper 19437 |
| Continued Existence of Cows Disproves Central Tenets of Capitalism? | |
| Santosh Anagol; Alvin Etang; Dean Karlan | |
| 发表日期 | 2013-09-19 |
| 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 | Macroeconomics ; Consumption and Investment ; Other ; Accounting, Marketing, and Personnel ; Development and Growth ; Development ; Environmental and Resource Economics ; Agriculture |
| URL | https://www.nber.org/papers/w19437 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577113 |
| 推荐引用方式 GB/T 7714 | Santosh Anagol,Alvin Etang,Dean Karlan. Continued Existence of Cows Disproves Central Tenets of Capitalism?. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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。
