The Design, Estimation, and Use of Villagewide Economic Models
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Village Economies by J. Edward Taylor
Book DescriptionMost 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.
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Book DetailsISBN: 9780521550123
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 13-Nov-1996
Country of Publication: United Kingdom
Books By Author J. Edward Taylor
Essentials of Applied Econometrics, Paperback (December 2016)
Prepares students for a world in which more data surround us every day and in which econometric tools are put to diverse uses. This text not only teaches best practices and advanced techniques, but uses vivid examples and data obtained from a variety of real world sources. It prepares the reader for today's econometric work.
Essentials of Development Economics, Paperback (April 2015)
Provides students with the critical tools used in development economics research and practice. This book offers a broad overview of key topics and methods in the field. Each chapter concludes with an embedded QR code that connects readers to ancillary audiovisual materials and supplemental readings on a website curated by the authors.
Beyond Experiments in Development Economics, Hardback (July 2014)
Provides readers with a methodology to evaluate the impacts of a wide diversity of development projects and policies on local economies, together with a diversity of applications of these tools-from poverty programs to global price shocks, irrigation projects, eco-tourism, migration, production subsidies, and government corruption.
Village Economies, Paperback (December 2006)» View all books by J. Edward Taylor
This book presents a generation of village-wide modelling designed to capture the interactions among households that shape impacts on rural economies.
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