The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt

Addressing longer-term issues of economic development in Egypt, the paper employs a dynamically recursive computable general equilibrium (CGE) model to assess the outcomes associated with two types of development approaches over the period 1998-2012. One is a targeted sector development approach, an...

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Autores principales: El-Said, Moataz, Lofgren, Hans, Robinson, Sherman
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2001
Materias:
Acceso en línea:https://hdl.handle.net/10568/156600
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author El-Said, Moataz
Lofgren, Hans
Robinson, Sherman
author_browse El-Said, Moataz
Lofgren, Hans
Robinson, Sherman
author_facet El-Said, Moataz
Lofgren, Hans
Robinson, Sherman
author_sort El-Said, Moataz
collection Repository of Agricultural Research Outputs (CGSpace)
description Addressing longer-term issues of economic development in Egypt, the paper employs a dynamically recursive computable general equilibrium (CGE) model to assess the outcomes associated with two types of development approaches over the period 1998-2012. One is a targeted sector development approach, and the second is a more broad-based development approach. The results indicate that, when agricultural exports remain relatively low, promoting the Egyptian textile sector is a win-win scenario in terms of rapid growth and equity. In addition, adopting policies that maintain agricultural prices leads to rapid growth and a general improvement of the distribution of income among households. A crucial policy objectives for achieving rapid and egalitarian growth for the Egyptian economy is the ability to secure improved access to international textile markets and the successful expansion of agricultural exports.
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spelling CGSpace1566002025-11-06T07:20:18Z The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt El-Said, Moataz Lofgren, Hans Robinson, Sherman economic development equilibrium theory income distribution Addressing longer-term issues of economic development in Egypt, the paper employs a dynamically recursive computable general equilibrium (CGE) model to assess the outcomes associated with two types of development approaches over the period 1998-2012. One is a targeted sector development approach, and the second is a more broad-based development approach. The results indicate that, when agricultural exports remain relatively low, promoting the Egyptian textile sector is a win-win scenario in terms of rapid growth and equity. In addition, adopting policies that maintain agricultural prices leads to rapid growth and a general improvement of the distribution of income among households. A crucial policy objectives for achieving rapid and egalitarian growth for the Egyptian economy is the ability to secure improved access to international textile markets and the successful expansion of agricultural exports. 2001 2024-10-24T12:44:45Z 2024-10-24T12:44:45Z Working Paper https://hdl.handle.net/10568/156600 en Open Access application/pdf International Food Policy Research Institute El-Said, Moataz; Lofgren, Hans; Robinson, Sherman. 2001. The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt. TMD Discussion Paper 78. https://hdl.handle.net/10568/156600
spellingShingle economic development
equilibrium theory
income distribution
El-Said, Moataz
Lofgren, Hans
Robinson, Sherman
The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt
title The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt
title_full The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt
title_fullStr The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt
title_full_unstemmed The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt
title_short The impact of alternative development strategies on growth and distribution: simulations with a dynamic model for Egypt
title_sort impact of alternative development strategies on growth and distribution simulations with a dynamic model for egypt
topic economic development
equilibrium theory
income distribution
url https://hdl.handle.net/10568/156600
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