Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework

This paper presents an applied microsimulation model built on household data with explicit treatment of heterogeneity of skills, labor preferences and opportunities, and consumption preferences at the individual and/or household level, while allowing for an endogenous determination of relative price...

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Main Authors: Cogneau, Denis, Robilliard, Anne-Sophie
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2000
Subjects:
Online Access:https://hdl.handle.net/10568/155959
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author Cogneau, Denis
Robilliard, Anne-Sophie
author_browse Cogneau, Denis
Robilliard, Anne-Sophie
author_facet Cogneau, Denis
Robilliard, Anne-Sophie
author_sort Cogneau, Denis
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper presents an applied microsimulation model built on household data with explicit treatment of heterogeneity of skills, labor preferences and opportunities, and consumption preferences at the individual and/or household level, while allowing for an endogenous determination of relative prices between sectors. The model is primarily focused on labor markets and labor allocation at the household level, but consumption behavior is also modeled. Modeling choices are driven by a desire to make the best possible use of microeconomic information derived from household data. This framework supports analysis of the impact of different growth strategies on poverty and income distribution, without making use of the ""representative agent"" assumption. The model is built on household survey data and represents the behavior of 4,508 households. Household behavioral equations are estimated econometrically. Different sets of simulation are carried out to examine the comparative statics of the model and study the impact of different growth strategies on poverty and inequality. Simulation results show the potential usefulness of this class of models to derive both poverty and inequality measures and transition matrices without prior assumptions regarding the intra-group income distribution. Market clearing equations allow for the endogenous determination of relative prices between sectors. The impact of different growth strategies on poverty and inequality is complex given general equilibrium effects and the wide range of household positions in markets for factors and goods markets. Partial equilibrium analysis or the use of representative households would miss these effects.
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spelling CGSpace1559592025-11-06T07:24:57Z Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework Cogneau, Denis Robilliard, Anne-Sophie microeconomics labour market poverty This paper presents an applied microsimulation model built on household data with explicit treatment of heterogeneity of skills, labor preferences and opportunities, and consumption preferences at the individual and/or household level, while allowing for an endogenous determination of relative prices between sectors. The model is primarily focused on labor markets and labor allocation at the household level, but consumption behavior is also modeled. Modeling choices are driven by a desire to make the best possible use of microeconomic information derived from household data. This framework supports analysis of the impact of different growth strategies on poverty and income distribution, without making use of the ""representative agent"" assumption. The model is built on household survey data and represents the behavior of 4,508 households. Household behavioral equations are estimated econometrically. Different sets of simulation are carried out to examine the comparative statics of the model and study the impact of different growth strategies on poverty and inequality. Simulation results show the potential usefulness of this class of models to derive both poverty and inequality measures and transition matrices without prior assumptions regarding the intra-group income distribution. Market clearing equations allow for the endogenous determination of relative prices between sectors. The impact of different growth strategies on poverty and inequality is complex given general equilibrium effects and the wide range of household positions in markets for factors and goods markets. Partial equilibrium analysis or the use of representative households would miss these effects. 2000 2024-10-24T12:42:53Z 2024-10-24T12:42:53Z Working Paper https://hdl.handle.net/10568/155959 en Open Access application/pdf International Food Policy Research Institute Cogneau, Denis; Robilliard, Anne-Sophie. 2000. Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework. TMD Discussion Paper 61. https://hdl.handle.net/10568/155959
spellingShingle microeconomics
labour market
poverty
Cogneau, Denis
Robilliard, Anne-Sophie
Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework
title Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework
title_full Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework
title_fullStr Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework
title_full_unstemmed Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework
title_short Growth, distribution and poverty in Madagascar: learning from a microsimulation model in a general equilibrium framework
title_sort growth distribution and poverty in madagascar learning from a microsimulation model in a general equilibrium framework
topic microeconomics
labour market
poverty
url https://hdl.handle.net/10568/155959
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