Modeling the welfare impacts of agricultural policies in developing countries
Erik Jonasson (),
Mateusz Filipski (),
Jonathan Brooks and
J. Edward Taylor
Journal of Policy Modeling, 2014, vol. 36, issue 1, 63-82
This paper presents a new model incorporating features of developing country agriculture likely to shape the welfare outcomes of alternative agricultural policies. The model features heterogeneous households linked through markets in a rural economy-wide structure, with endogenous market participation for farmers facing transactions costs. We use it to simulate the impacts on rural welfare of market price supports, production subsidies, input subsidies, and the removal of transaction costs. Applications to six countries demonstrate the diversity of potential impacts, exhibit some systemic differences compared with impacts in developed countries, and identify specific circumstances under which market interventions may be only slightly less efficient than direct payments at transferring incomes to rural households.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: Modeling the Welfare Impacts of Agricultural Policies in Developing Countries (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:36:y:2014:i:1:p:63-82
Access Statistics for this article
Journal of Policy Modeling is currently edited by A. M. Costa
More articles in Journal of Policy Modeling from Elsevier
Bibliographic data for series maintained by Nithya Sathishkumar ().