The paper examines the impact of industrial protection, agricultural export taxes, and overvaluation of the exchange rate on the balance between the agricultural and nonagricultural sectors. Various agricultural terms-of-trade indices are constructed to measure the policy bias against...

Using a CGE (computable general equilibrium) model for Zimbabwe with 1991 asbase period, this paper examines quantitatively the income and equity effects ofmacroeconomic reform measures in isolation and in conjunction with potentiallycomplementary changes in agricultural sector policies. Some...