The impact of China's new rural income support policy and recent price trends on grain production and rural income inequality is assessed for two villages with different degrees of market access in Northeast Jiangxi Province. Two village-level general equilibrium models are used to analyze...

Recent increases in the number of multilateral and preferential trade agreements have sparked the development of applied models to quantify the impact of trade agreements. Outcomes generally support the theoretical notion that liberalising trade increases welfare. The increase in aggregate...

This paper analyzes effects of transaction costs on household responses, adding to direct effects via price-bands, indirect effects through reduced availability of productive resources and through changes in price formation. A micro economywide model with nonseparable household models is...

The growing body of literature devoted to study the impact of inequality on economic growth have centred its attention in the income distribution effect, even though the theoretical relationships are more related to assets distributions than to income distribution. While some recent studies have...

Produce quality is one of the features of any commodity that everyone has an opinion about, but quality is a complex concept. In one hand, quality is the consumer perception about a certain commodity an as well it is a relationship between all the intrinsic attributes of the commodity. It is...