Economic Growth, Income Distribution and Agricultural Policy in Malawi

David Sahn and Yves Van Frausum

Journal of African Economies, 1994, vol. 3, issue 3, 412-46

Abstract: Malawi's weak economic performance during the 1980s occurred in part due to the failure to reform agricultural pricing policies. An econometric model shows that the continuation of high levels of taxation on small-holder exports slowed the growth of the economy and hurt the poor. While a policy of adhering to border prices is therefore commended, the model also shows that raising minimum wages in the absence of productivity gains will erode the benefits of price liberalization. Furthermore, price policy reforms need to be accompanied by broader institutional reforms, particularly those aimed at breaking down the imposed market segmentation between estates producers and small-holders. Copyright 1994 by Oxford University Press.

Date: 1994
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:jafrec:v:3:y:1994:i:3:p:412-46

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Journal of African Economies is currently edited by Francis Teal

More articles in Journal of African Economies from Centre for the Study of African Economies Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().