MACRO‐ECONOMIC LINKAGES TO AGRICULTURE: A GENERAL EQUILIBRIUM MODEL FOR SUDAN

Rashid M. Hassan and Arne Hallam ()

Journal of Agricultural Economics, 1996, vol. 47, issue 1‐4, 66-88

Abstract: Unfavourable macro‐economic conditions are often blamed for the failure of devaluation and liberalisation policies to correct the bias against agricultural exports in Sudan. A general equilibrium model, with an endogenous money creation mechanism, is constructed and econometrically estimated to analyse macro‐economic linkages to agriculture in Sudan. Stronger economic performance is achieved when exchange rate adjustments and liberalisation are supported with fiscal and monetary control and less indirect taxation.

Date: 1996
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https://doi.org/10.1111/j.1477-9552.1996.tb00672.x

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Working Paper: Macro-Economic Linkages to Agriculture: A General Equilibrium Model for Sudan (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:bla:jageco:v:47:y:1996:i:1-4:p:66-88

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