KRAM - A Sector Model of Danish Agriculture: Background and Framework Development
Torben Wiborg
Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University
Abstract:
This paper outlines a new spatial, nonlinear, programming model of the agricultural sector in Denmark. The KRAM model (KVL's Rationalized Agricultural Model) optimizes production functions on a very disaggregated level, allowing for analysis of changes in physical constraints to production, as well as price changes. The model is dynamic, with a time horizon of 10 years. The structural development is determined endogenously using profits and a Markov chain model. The purpose of this paper is to place KRAM in a theoretical framework; future work will address the programming, calibration, and application of KRAM.
Date: 1998-06
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Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:98-wp193
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