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

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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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Editorial Reviews

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"...the book will be certainly useful for all those who are involved in understanding the micro-level perspective of village economies and brings out specifically the policy framework based on cross activity linkages." Indian Journal of Agricultural Economics
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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)

Table of Contents

1 Introduction 1
2 Modeling village economies 9
3 The village economy and tenure security in West Africa: A Senegalese village SAM 31
4 Production and distribution in a dry-land village economy 59
5 Migration and the changing structure of a Mexican village economy 101
6 Economic linkages in a small regional economy: The case of Kutus Region, Kenya 122
7 Household nutrition and economic linkages: A village social accounting matrix for West Java, Indonesia 146
8 The village CGE: Basic model and estimation 182
9 Policy simulations 203
10 Conclusions 247
Bibliography 254
Index 259
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