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Persistent link: https://www.econbiz.de/10010913817
Economic reforms in Tanzania have resulted in low inflation and solid economic growth, but many observers question whether the standard of living of ordinary Tanzanians has improved. Furthermore, there is a strong suspicion that the benefits have been concentrated among the urban population and...
Persistent link: https://www.econbiz.de/10005805208
Our purpose is to present in detail numerical methods of measuring the value of nonmarket goods using market data, under either weak neutrality, weak complementarity, or any other preference restriction meeting the requirements discussed in this paper. It has been claimed in a number of places...
Persistent link: https://www.econbiz.de/10005525295
One of the most common criticisms of currency devaluation is that it causes disproportionate suffering among the poor. This study examines the distributional impact of price changes associated with devaluation in Rwanda using a simplified household-firm model based on household budget data. The...
Persistent link: https://www.econbiz.de/10011168332
We use line integral theory to lay out in a more general theoretical framework the conditions under which it is possible to measure with market data the welfare effects of a change in a nonmarket good. We present in detail a numerical method of measuring the value of nonmarket goods using market...
Persistent link: https://www.econbiz.de/10005290937
World cotton prices fell by about 40% over 2001-2002, focusing attention on the effect of subsidies for cotton growers in depressing world prices. This paper combines farm survey data from Benin with assumptions about the decline in farm-level prices to estimate the direct and indirect effects...
Persistent link: https://www.econbiz.de/10005202157
In the context of the economic development, income diversification is sometimes defined as the process by which households switch from growing low-value staple food crops to growing a mix of food crops and higher-value commercial crops (crop diversification) and from farming to non-farm...
Persistent link: https://www.econbiz.de/10005330812
Persistent link: https://www.econbiz.de/10005021190
We use line integral theory to lay out in a more general theoretical framework the conditions under which it is possible to measure with market data the welfare effects of a change in a nonmarket good. We present in detail a numerical method of measuring the value of nonmarket goods using market...
Persistent link: https://www.econbiz.de/10009392352
Vietnam has rapidly become one of the three largest rice exporters in the world, in spite of a binding export quota. This article uses a multimarket spatial-equilibrium model to examine the effect of further liberalization on regional rice prices. Household data are then used to calculate the...
Persistent link: https://www.econbiz.de/10009397243