Stabilization Policies and Agricultural Impacts in Developing Countries: The Case of Bolivia

Victor H. De la Barra, Mary Marchant and Aida C. Isinika

Journal of Agricultural and Applied Economics, 1995, vol. 27, issue 1, 184-196

Abstract: This research examines the success of stabilization policies to control hyperinflation in Bolivia. Money demand functions for the hyperinflation and stabilization periods were econometrically estimated and statistically tested. We conclude that the demand for money in Bolivia changed after stabilization policies were implemented, indicating that the new government's objectives were met. Stabilization policies resulted in real economic growth for Bolivia's economy, including its agricultural sector, where agricultural export shares increased tenfold as stabilization policies corrected overvalued exchange rates.

Date: 1995
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Journal Article: STABILIZATION POLICIES AND AGRICULTURAL IMPACTS IN DEVELOPING COUNTRIES: THE CASE OF BOLIVIA (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:27:y:1995:i:01:p:184-196_01

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