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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Bibliographic Details
Main Author: Bautista, Romeo M.
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 1995
Subjects:
Online Access:https://hdl.handle.net/10568/157150
Description
Summary: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.