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Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010283292
Purpose – The purpose of this paper is to develop a dynamic computable general equilibrium (DCGE) model to analyze economy‐wide impacts of different types of public spending in China. A particular focus is placed on their impacts on food economy. Design/methodology/approach – In this...
Persistent link: https://www.econbiz.de/10014689642
Purpose: The purpose of this study is to assess the potential economic cost of the COVID-19 pandemic on China's macroeconomy and agri-food system and provide policy recommendations to stimulate economic growth and agri-food system development. Design/methodology/approach: An economy-wide...
Persistent link: https://www.econbiz.de/10012275030
Persistent link: https://www.econbiz.de/10012809396
The economic development of South Korea is often considered a model for developing countries. We use 1975 and 1990 data in a general equilibrium framework with a highly disaggregated sector specification to evaluate the opportunity cost of its agricultural protection. We show that although...
Persistent link: https://www.econbiz.de/10005513724
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In a global general equilibrium analysis, an FTAA excluding the United States erodes U.S. agricultural trade preferences and export gains achieved under NAFTA. Participation in an FTAA increases U.S. agriculture exports $740 million, with gains in Central American and Caribbean Markets more than...
Persistent link: https://www.econbiz.de/10005536432
We investigate sources of output growth and supply response in rice, wheat, corn, and soybeans, the four most important crops in China's grain sector, during 1978-97. Using a growth accounting methodology, we found large total factor productivity (TFP) contributions to growth in grain production...
Persistent link: https://www.econbiz.de/10005536642
This study examines the rural labor market in China based on the country's first national agricultural census. The analysis highlights distinct differences of employment by age, gender, educational level, size of the household, and size of land holdings. We use a generalized polytomous logits...
Persistent link: https://www.econbiz.de/10005536702