Liberalization with Endogenous Institutions: A Comparative Analysis of Agricultural Reform in Africa, Asia, and Europe

Johan Swinnen, Anneleen Vandeplas and Miet Maertens

LICOS Discussion Papers from LICOS - Centre for Institutions and Economic Performance, KU Leuven

Abstract: Thirty years ago, a vast share of the poor and middle income countries were heavily state-controlled. The effects of the liberalizations in the 1980s and 1990s differed strongly between regions in Africa, Asia and Europe. This paper first documents these differences in reform effects in a comparative framework and then develops a model to formally analyze how liberalization affects production and income distribution when institutions that govern production and exchange are also affected. We derive hypotheses on how the endogenous institutional adjustments affect the supply response to the liberalizations. We use these insights to forward a series of explanations on the differences in performance across countries following liberalization.

Keywords: Agricultural supply chains; growth; development; regional comparisons (search for similar items in EconPapers)
JEL-codes: O12 O18 O43 O57 Q12 Q13 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-afr, nep-dev and nep-sea
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:lic:licosd:23309

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