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A food demand system is proposed, based on demand for energy, variety, and tastes of foods. By specifying utility as an explicit function of these characteristics, the entire matrix of demand elasticities can be derived for n foods and one nonfood from prior specification of just four...
Persistent link: https://www.econbiz.de/10004997311
Computable general equilibrium (CGE) models are used widely in policy analysis. The purpose of this paper is to contribute to and facilitate the use of CGE models. The paper includes a detailed presentation of a “standard” CGE model (an equation-by-equation description) and its required...
Persistent link: https://www.econbiz.de/10005038236
Using a CGE (computable general equilibrium) model for Zimbabwe with 1991 as base period, this paper examines quantitatively the income and equity effects of macroeconomic reform measures in isolation and in conjunction with potentially complementary changes in agricultural sector policies. Some...
Persistent link: https://www.econbiz.de/10005038245
"The link between economic distribution and social conflict—and the notion that this link arises from individuals … discussing a measure of polarization that allows analysis of the distribution of society along two dimensions—an economic …
Persistent link: https://www.econbiz.de/10005038069