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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/10010785251
A dynamic computable general equilibrium model is developed to assess the impact of the recent global recession and the Chinese government's stimulus package on China's economic growth. By designing two scenarios – one with and one without the stimulus package – the model results show that...
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This study examines the dynamic effects of a Free Trade Area of the Americas (FTAA) on the countries within the Western Hemisphere. The analysis uses an intertemporal, global, multi-sector general equilibrium model which takes into account changes in saving-investment, capital accumulation, and...
Persistent link: https://www.econbiz.de/10010840803
Influential studies in the 1980s and early 1990s drew on the Boserup–Ruthenberg theories of farming systems evolution to argue that African countries were not yet ready for widespread agricultural mechanization. Through applying the theories of farming systems evolution and of induced...
Persistent link: https://www.econbiz.de/10010906740
We develop a detailed trade analysis to assess the potential impacts of a free trade agreement (FTA) on the agricultural sector of Southern African countries. We do this by combining the use of a partial equilibrium analysis with bilateral trade data at the four-digit Standard International...
Persistent link: https://www.econbiz.de/10010913475
Agricultural growth in Africa has accelerated, yet most of this growth has been driven by land expansion. Land expansion potential is reaching its limits, urging governments to shift towards a green revolution type of productivity-led growth. Given the huge public investments required, this...
Persistent link: https://www.econbiz.de/10010913562
Rapid economic growth in China’s booming regions has left other areas of the country lagging behind. We shed light on the poverty dynamics of one such region by analyzing a census-like survey of three administrative villages of Guizhou province in 2004, 2006, 2009, and 2011. While the absolute...
Persistent link: https://www.econbiz.de/10011069093