Village Economies - The Design, Estimation, and Use of Villagewide Economic Models (Paperback, Revised)

Most of the world's population and the vast majority of the world's poor live and work in villages. Their activities are usually centred in households, but interactions among households shape the impacts of policy, market and environmental changes on rural production, incomes, employment and migration. This book presents a generation of villagewide economic modelling designed to capture these interactions when assessing the impacts of policy, market and environmental changes on rural economies in less developed countries. The authors present a general framework for modelling village economies based on computable general-equilibrium techniques, estimate models for villages and a village-town in five different countries, and use these models to conduct a series of comparative experiments. The findings offer explanations for some paradoxical outcomes of exogenous shocks as their influence winds its way through rural economies, and they underline the importance of adopting a local economy-wide perspective when designing development policies.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	December 2006
First published:	1996
Authors:	J. Edward Taylor • Irma Adelman
Dimensions:	228 x 152 x 16mm (L x W x T)
Format:	Paperback - Trade
Pages:	280
Edition:	Revised
ISBN-13:	978-0-521-03229-2
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy
LSN:	0-521-03229-6
Barcode:	9780521032292

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