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May 1998 Purdue AGEC Staff Paper #98-5 A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and food product demand in 2020 assuming per capita...
Persistent link: https://www.econbiz.de/10005515629
“Globalization increases poverty” is a common assertion made by critics of globalization. The proliferation of low-wage jobs and higher food prices are some of the arguments brought forward in support of this argument. One of the hallmarks of globalization is the systematic dismantling of...
Persistent link: https://www.econbiz.de/10005212440
There is a long and distinguished literature involving demand analysis using international cross-section data. Such models are widely used for predicting national per capita consumption. However, there is nothing in this literature testing the performance of estimated models in predicting...
Persistent link: https://www.econbiz.de/10005082628
This paper proposes a new method for ex ante analysis of the poverty impacts arising from policy reforms. Three innovations underlie this approach. The first is the estimation of a global demand system using a combination of micro-data from household surveys, and macro-data from the...
Persistent link: https://www.econbiz.de/10005515633
There is considerable interest in projections of future productivity growth in agriculture. Whether one is interested in the outlook for global commodity markets, future patterns of international trade, or the interactions between land use, deforestation and ecological diversity, the rate of...
Persistent link: https://www.econbiz.de/10005730931
American Journal of Agricultural Economics, 80(December):1052-1062. This study assesses the interaction between climate change and agricultural trade policies. We distinguish between two dimensions of agricultural trade policy: market insulation and subsidy levels. Building on the previous work...
Persistent link: https://www.econbiz.de/10005812681
Poverty reduction is an increasingly important consideration in the deliberations over multilateral trade liberalization. However, the analytical procedures used to assess the impacts of multilateral trade liberalization on poverty are rudimentary, at best. Most poverty studies have focused on a...
Persistent link: https://www.econbiz.de/10005515634
Contrary to the opinions expressed by many commentators, the recent price spike in agricultural commodities is a transitory phenomenon. Using projections from SIMPLE – a global model of the farm and food system – we argue that, in the long run, food prices will most likely resume their...
Persistent link: https://www.econbiz.de/10010888112
The purpose of this note is to provide an exhaustive reference for those interested in learning more about the Constant Elasticity of Substitution (CES) function and its use in the representation of producer behavior in the GTAP Model. Particular attention is paid to the role of technical change...
Persistent link: https://www.econbiz.de/10005212434
Computable General Equilibrium (CGE) models have been widely used for quantitative analysis of global economic issues. However, CGE models are frequently criticized for resting on weak empirical foundations. This paper builds on recent work in macro-econometric estimation, developing an approach...
Persistent link: https://www.econbiz.de/10005212439