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The paper starts with a basic undetermined model that specifies four principle actors: landlords, peasants, the non-agricultural sector, and the government. Peasants and landlords are assumed to behave differently according to their own separate institutional attitudes, production function,...
Persistent link: https://www.econbiz.de/10013015166
The paper explores quantified ways of incorporating social development goals and basic needs indicators in economy-wide models. We evaluate the welfare and productivity effects of higher satisfactions against the costs involved, and examine the optimal ordering of various social and economic...
Persistent link: https://www.econbiz.de/10013015904