Village Economies: The Design, Estimation, and Use of Villagewide Economic Models

Village Economies: The Design, Estimation, and Use of Villagewide Economic Models

by J. Edward Taylor, Irma Adelman, Taylor J. Edward
     
 

Most of the world's population and the vast majority of the world's poor live and work in villages. Their activities are usually centered 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 new generation of villagewide economic… See more details below

Overview

Most of the world's population and the vast majority of the world's poor live and work in villages. Their activities are usually centered 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 new generation of villagewide economic modeling designed to capture these interactions when assessing the impacts of policy, market, and environmental changes on rural economies in less-developed countries. J. Edward Taylor and Irma Adelman present a general framework for modeling 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 wends its way through rural economies, and they underline the importance of adopting a local economywide perspective when designing development policies.

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Product Details

ISBN-13:
9780521032292
Publisher:
Cambridge University Press
Publication date:
10/28/2006
Edition description:
Reissue
Pages:
280
Product dimensions:
5.98(w) x 8.98(h) x 0.63(d)

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Table of Contents

Acknowledgments
1Introduction1
2Modeling village economies9
3The village economy and tenure security in West Africa: A Senegalese village SAM31
4Production and distribution in a dry-land village economy59
5Migration and the changing structure of a Mexican village economy101
6Economic linkages in a small regional economy: The case of Kutus Region, Kenya122
7Household nutrition and economic linkages: A village social accounting matrix for West Java, Indonesia146
8The village CGE: Basic model and estimation182
9Policy simulations203
10Conclusions247
Bibliography254
Index259

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