Structural Adjustment and the Peasantry in Morocco: A Computable Household Model
de Janvry, A, et al
Authors registered in the RePEc Author Service: Alain de Janvry ()
European Review of Agricultural Economics, 1992, vol. 19, issue 4, 427-53
Abstract:
A computable nonseparable household (CNH) model approach is used as a tool to analyze, at the microlevel, the impacts of changes in macro and sectoral policies. Nonseparability originates in market failures for some products and factors and in a binding credit constraint. While the results are only suggestive until this type of model is consistently estimated, they indicate the tremendous heterogeneity of impacts across household types. For Morocco, they show that, while higher cereals prices displace resources from livestock to grains, rising prices of animal feeds induce a shift in how livestock is produced toward the use of factors with market failures, in this case child labor for herding and grazing in the commons. Copyright 1992 by Oxford University Press.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:19:y:1992:i:4:p:427-53
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European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo
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