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A dynamic computable general equilibrium (CGE) model is used to explore alternative scenarios for 1990-2020 in areas critical for Egypt's economy productivity growth, investment, foreign trade, and water. The model is formulated as a mixed-complementarity problem, has a detailed treatment of...
Persistent link: https://www.econbiz.de/10008863967
Two empirical regularities in the beef-cattle sector have been observed for a long time. First, the time-series for cattle stock exhibits strong cyclicity with a period of several years. Second, beef supply seesms to be negatively related to price. The authors attempt to gain insight into the...
Persistent link: https://www.econbiz.de/10008863968
In this article, we examine the economy-wide effects of three alternative growth paths for Indonesia's industrial sector using SAM (social accounting matrix) multiplier analysis and CGE (computable general equilibrium) modeling. The context of the analysis is the immediate post-crisis period —...
Persistent link: https://www.econbiz.de/10008863969
This paper uses a two-country, computable general equilibrium (CGE), trade model to analyze the impact on Mexico and the U.S. of the precipitous peso depreciation in late 1994 and early 1995, and of the policy response to the crisis. The model includes explicit treatment of agricultural policies...
Persistent link: https://www.econbiz.de/10008863970
Empirical evidence and microeconomic theory suggest that, in many settings, farm household production and consumption decisions are "non-separable." Non-separability may have important policy implications, including lack of response or threshold effects when incentives change. This paper extends...
Persistent link: https://www.econbiz.de/10008863971
This paper examines the role of agriculture and rural development, in general, in the most successful countries of Asia, termed, by the World Bank, the "East Asian Miracle." The basic hypothesis of the paper is that agricultural growth and rural development play a vital role in the sustained...
Persistent link: https://www.econbiz.de/10008863972
As part of the Tanzania country study being done under the IFPRI research project on Macroeconomic Reform and Regional Integration in Southern Africa (MERRISA), a social accounting matrix (SAM) has been constructed for the base year 1992. A SAM is a square matrix consisting of row and column...
Persistent link: https://www.econbiz.de/10008863973
The Heckscher-Ohlin-Samuelson (HOS) model in international trade theory provides a powerful general-equilibrium paradigm for analyzing the impact of changes in trade on factor returns. In the HOS model, factor returns are determined solely by commodity prices, which are determined on large world...
Persistent link: https://www.econbiz.de/10008863974
This paper presents an agriculture-focused computable general equilibrium model that can be used to analyze the economy-wide impacts of changes in technology, market structure, and the foreign exchange rate on resource allocation, production, and trade in Indonesia. The model includes a...
Persistent link: https://www.econbiz.de/10008863975
After protracted and difficult negotiations, agreement was recently reached on the dimensions of a South African-EU free trade deal. Because of South Africa's prominence in the sub-region, implementation of this agreement will have an impact not only on South Africa, but on all the SADC...
Persistent link: https://www.econbiz.de/10008863976