Showing 61 - 70 of 3,406
Changes in real wages are often used to measure welfare changes. There is a problem, however, in interpreting measures of changes in factor returns when analyzing the impact of changes in taxes — such as tariffs and indirect taxes — that operate as wedges in product and factor markets versus...
Persistent link: https://www.econbiz.de/10008863985
Persistent link: https://www.econbiz.de/10008863989
In Computable General Equilibrium (CGE) models, it is typically assumed that agricultural resources are smoothly substitutable in neoclassical functions, with flexible prices generating market equilibrium in a setting with full resource employment. Such a specification is often inadequate,...
Persistent link: https://www.econbiz.de/10008863990
This working paper documents the construction of the 1994 and 1995 Mozambican social accounting matrices (SAMs). The aggregate macro-SAM is called MACSAM, and the disaggregated version is MOZAM. With 13 agricultural and two agricultural processing activities, the primary sectors are particularly...
Persistent link: https://www.econbiz.de/10008863994
In this study, an economywide model focused on Morocco's rural economy is used as a laboratory for analyzing issues at the core of such a rural development strategy.The model is used to explore the effects of alternative scenarios for water tariffs and sales, and supply-side advances (irrigation...
Persistent link: https://www.econbiz.de/10008863995
This paper presents an approach to reconciling household surveys and national accounts data that starts from the assumption that the macro data represent control totals to which the household data must be reconciled. The economic data gathered in the survey are also assumed to be accurate, or...
Persistent link: https://www.econbiz.de/10008863997
This paper presents an agriculture sector focused Computable General Equilibrium (AG-CGE) model for analyzing the economy-wide impacts of changes in technology, protection, and market structure on resource allocation, production, and trade in Indonesia. The paper incorporates a specification of...
Persistent link: https://www.econbiz.de/10008863999
Income mobility can be viewed as a first-order Markov process, with a matrix of transition probabilities which measure how individuals move from an income status in time t to a new status in time t+1. Direct estimation of transition matrices is difficult, since time series panel data are...
Persistent link: https://www.econbiz.de/10008864002
The debate over the impact of regional trade agreements (RTAs) on world welfare hinges upon (1) whether they are net trade creating or trade diverting and (2) whether they impede multilateral trade liberalization. Theoretical models are ambiguous on these issues. We summarize the insights from...
Persistent link: https://www.econbiz.de/10008864003
In this study, a dynamically recursive general equilibrium model of Morocco is used to examine alternative trade and domestic policy scenarios involving the implementation of the EU Association Agreement for the period 1998-2012. The model has a detailed treatment of the agricultural and rural...
Persistent link: https://www.econbiz.de/10008864005