Income Diversification as Income Maximizing Strategy

Wolfgang Lechthaler

Journal of Income Distribution, 2010, vol. 19, issue 3-4, 9-16

Abstract: In a simple model, I demonstrate that the U-shaped relationship between income and income diversification typically found in developing countries can be explained without any risk considerations. It might be the result of pure income maximization in an environment with limited possibilities.

Keywords: income diversification; U-shape; developing countries (search for similar items in EconPapers)
JEL-codes: I30 O15 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://jid.journals.yorku.ca/index.php/jid/article/view/19660 (application/pdf)
Some fulltext downloads are only available to subscribers. See JID website for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jid:journl:y:2010:v:19:i:3-4:p:9-16

Access Statistics for this article

More articles in Journal of Income Distribution from Ad libros publications inc. Contact information at EDIRC.
Bibliographic data for series maintained by Timm Boenke ( this e-mail address is bad, please contact ).