Income and equity effects of the green revolution in the Philippines: a macroeconomic perspective
Romeo M. Bautista
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Romeo M. Bautista: International Food Policy Research Institute, Washington, D.C., U.S.A., Postal: International Food Policy Research Institute, Washington, D.C., U.S.A.
Journal of International Development, 1997, vol. 9, issue 2, 151-168
Abstract:
This paper analyzes the economywide income effects, with special reference to the redistributive impact, of the dramatic growth in rice yield in the Philippines during the 'green revolution' period 1965-80. Proportionately larger income benefits are found to accrue to the large-farm than the small-farm households, implying a negative effect under the historical policy regime and economic structure. The results of counterfactual simulation involving a more active promotion of small-farm production point to a complimentarity, rather then a trade-off, between the twin objectives of growth and equity. © 1997 by John Wiley & Sons, Ltd
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:9:y:1997:i:2:p:151-168
DOI: 10.1002/(SICI)1099-1328(199703)9:2<151::AID-JID352>3.0.CO;2-8
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