MEXAGMKTS: a model of crop and livestock markets in Mexico

Gerald T O'Mara and Merlinda Ingco

No 446, Policy Research Working Paper Series from The World Bank

Abstract: The genesis of the model MEXAGMKTS was the perception that agricultural policies in Mexico (and many other countries) are often second-best responses to the negative side effects of broad macroeconomic and international trade policies. MEXAGMKTS was designed to allow analysis of the relationship between such agricultural policies and different macroeconomic and international trade regimes. MEXAGMKTS is part of a set of interlinked macroeconomic and sectoral models of Mexico and the United States (with enough specifications for the rest of the world to close the system). The authors discuss the historical context in which MEXAGMKTS was developed as well as its economic structure, estimates, and validation. They present a stand-alone, counterfactural application of a trade liberalization scenario for Mexico.

Keywords: Economic Theory&Research; Environmental Economics&Policies; Agricultural Research; Access to Markets; Markets and Market Access (search for similar items in EconPapers)
Date: 1990-07-31
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Citations: View citations in EconPapers (3)

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