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Persistent link: https://www.econbiz.de/10007821642
In computable general equilibrium (CGE) models, it is typically assumed that agricultural resources are smoothly substitutable in neoclassical production or cost functions, with flexible wages, rents and prices generating market equilibrium in a setting with full resource employment. 1 Although...
Persistent link: https://www.econbiz.de/10011167605
Global public health agreements are heralded as a success for the affirmation of the right to health within a complex and contested political landscape. However, the practical implementation of such agreements at the national level is often overlooked. This article outlines two radically...
Persistent link: https://www.econbiz.de/10011030533
Two sets of issues loom large on the economic horizon of Malawi: poverty alleviation and the country's vulnerability to shocks emanating from the outside world. In this paper, simulations with a Computable General Equilibrium (CGE) model of Malawi are used to analyze aspects of these issues. Two...
Persistent link: https://www.econbiz.de/10005038220
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In Uganda, as in much of sub-Saharan Africa, poverty is concentrated in rural areas. Because agriculture accounts for a large share of incomes for these households, policies and external shocks that affect agriculture, including shifts in world prices, changes in agricultural productivity, and...
Persistent link: https://www.econbiz.de/10005513480
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This paper uses a three-step Bayesian cross-entropy estimation approach in an environment of noisy and scarce data to estimate behavioral parameters for a computable general equilibrium model. The estimation also measures how labor-augmenting productivity and other structural parameters in the...
Persistent link: https://www.econbiz.de/10011124469
In recent years, world food prices have increased and fluctuated widely. This paper explores the impact of international food prices and domestic policies on Millennium Development Goal (MDG) and macro indicators for two archetype low-income countries, a net food exporter and a net food...
Persistent link: https://www.econbiz.de/10010829645