Institutional Affiliation: Universitat Pompeu Fabra Barcelona
|Identification of Time-Inconsistent Models: The Case of Insecticide Treated Nets|
with , : w27198
Time-inconsistency may play a central role in explaining inter-temporal behavior, particularly among poor households. However, little is known about the distribution of time-inconsistent agents, and time-preference parameters are typically not identified in standard dynamic choice models. We formulate a dynamic discrete choice model in an unobservedly heterogeneous population of possibly time-inconsistent agents. We provide conditions under which all population type probabilities and preferences for both time-consistent and sophisticated agents are point-identified and sharp set-identification results for naïve and partially sophisticated agents. Estimating the model using data from a health intervention providing insecticide treated nets (ITNs) in rural Orissa, India, we find that time-in...
|Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish|
with , : w14495
In 2003, after claims of dumping, the U.S. imposed heavy tariffs on imports of catfish from Vietnam. As a result, Vietnamese exports of catfish to the U.S. market sharply declined. Using a panel data of Vietnamese households, we explore the responses of catfish producers in the Mekong delta between 2002 and 2004. We study adjustments not only in catfish aquaculture but also in other economic activities. We find that, over this period, the rate of income growth was significantly lower among households relatively more involved in catfish farming in 2002. The source of this slower growth is explained by a relative decline in both catfish income and revenues from other miscellaneous farms activities such as poultry and livestock farming. Households did not adjust labor supply, most likely beca...
Published: Irene Brambilla & Guido Porto & Alessandro Tarozzi, 2012. "Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish," The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 304-319, 08. citation courtesy of