This article examines the effects of housing tenure on individuals' job and unemployment durations in the UK. We examine job to job transitions and transitions from unemployment. We take account of whether or not the arrival of a job was synonymous with a non-local residential move, tenure endogeneity and unobserved heterogeneity. We find that home-ownership is a constraint for the employed and public renting is more of a constraint for the unemployed. Employed home-owners have a lower transition into employment with a distant move and unemployed public renters have a lower probability of gaining employment in more distant labour markets. Copyright � 2008 The Author(s).
This article considers whether differences in the structure of agriculture credit markets in France and the United Kingdom alters the investment sensitivity to financial variables particularly cash flow. Using two panel datasets of French and British farms, three approaches are used to test the sensitivity of investment to internal finance, an inventory investment model, a fundamental q-model, and Euler equations for machinery investment. The results suggest that the contrasting capital markets structures do induce differences in overall investment sensitivity to cash flow and its pattern across both farms with varying levels of collateral and between inventory and machinery investment. Copyright 2002, Oxford University Press.
Reducing the proportion of households defined as energy poor is an increasingly important policy objective. This paper uses longitudinal data to examine the level and dynamics of energy poverty in Spain, comparing the results to the level and dynamics of income poverty. Two alternative measures of energy poverty are used in the analysis-one based on energy expenditure, the other reflecting an individual's perceptions of difficulty in heating their home, paying utility bills and housing condition. The proportion of those in income poverty and also in energy poverty is relatively low suggesting a need for specific as opposed to general measures to address the latter. In relation to the dynamics of energy poverty, at the aggregate level there is a substantially greater movement out of expenditure-based energy poverty relative to subjective energy poverty and income poverty while the rate of re-entry into poverty was highest for the subjective energy poverty measure. The analysis also provides evidence of duration dependence in energy poverty. The results show clearly how mitigating expenditure behaviour reduces the level and alters the dynamics of expenditure-based energy poverty compared to subjective energy poverty. The implications for designing, targeting and monitoring energy policy are considered.
Changes in agricultural production methods have been associated with environmental pressure and a loss of natural habitats. This paper explores the extent to which farmer participation in off-farm work (an increasing phenomenon in most developed countries) changes the intensity of agricultural input use focusing, in particular, on fertilizer and crop protection product use. A sample selection model that accounts for both unobserved heterogeneity between farms and the potential simultaneity between farm operations and hours worked off-farm is estimated for 2,419 farms in England and Wales. The econometric evidence indicates that the input intensity of products which have well-established links to environmental damage can increase as well as decrease. The results suggest that that fertilizer intensity may decline as off-farm labor increases while the use of crop protection per hectare increases as off-farm work increases. Copyright Springer 2006crop protection, farm household model, fertilizer, input intensity, multifunctionality, off-farm work, panel, Q53, Q12, Q24,
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