The Green Revolution in a macroeconomic perspective: the Philippine case

This paper analyzes the income and equity effects of the dramatic growth in rice yield in the Philippines during the green revolution period 1965-1980 using a modified Social Accounting Matrix (SAM) framework. Proportionately larger income benefits are found to accrue to the large-farm than the smal...

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Detalles Bibliográficos
Autor principal: Bautista, Romeo M.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1995
Materias:
Acceso en línea:https://hdl.handle.net/10568/157150
Descripción
Sumario:This paper analyzes the income and equity effects of the dramatic growth in rice yield in the Philippines during the green revolution period 1965-1980 using a modified Social Accounting Matrix (SAM) framework. Proportionately larger income benefits are found to accrue to the large-farm than the small-farm households, indicating a negative equity effect under the historical policy regime and economic structure. The results of counterfactual simulation involving a more active promotion of small-farm production point to a complementarity, rather than a tradeoff, between the twin objectives of growth and equity.