System Simulation of Agricultural Development: Some Nigerian Policy Comparisons
The Michigan State University Agricultural Sector Simulation Team
American Journal of Agricultural Economics, 1973, vol. 55, issue 3, 404-419
Abstract:
The generalized system simulation approach can improve information input to the decision-making process in general. This paper illustrates a particular application to problems of planning and policy making for agricultural sector development. An overview of a simulation model of the Nigerian economy is given, and results of a series of 15 Nigerian agricultural development policy simulation experiments are analyzed in detail. The main conclusion is that, at least for these 15 experiments, a technological transformation of agricultural export crop production is necessary for sustained economic growth. The paper concludes with a discussion of the approach's general applicability.
Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:55:y:1973:i:3:p:404-419.
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