Non-separable farm household models in a computable general equilibrium model
Empirical evidence and microeconomic theory suggest that, in many settings, farm household production and consumption decisions are "non-separable." Non-separability may have important policy implications, including lack of response or threshold effects when incentives change. This paper extends the...
| Autores principales: | , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
1999
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/171618 |
| _version_ | 1855540511332368384 |
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| author | Lofgren, Hans Robinson, Sherman |
| author_browse | Lofgren, Hans Robinson, Sherman |
| author_facet | Lofgren, Hans Robinson, Sherman |
| author_sort | Lofgren, Hans |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Empirical evidence and microeconomic theory suggest that, in many settings, farm household production and consumption decisions are "non-separable." Non-separability may have important policy implications, including lack of response or threshold effects when incentives change. This paper extends the literature in two ways. First, we develop a non-separable farm household model with transaction costs and endogenous choice of market "regime" (surplus, self-sufficiency, or deficit) for production-consumption items (commodities and factors that are both demanded and supplied by the household). Second, we embed this household model in an economywidecomputable general equilibrium model which is formulated as a mixed-complementarity problem. Simulations with a model based on data for a stylized, low-income, Sub-Saharan African country show that the proposed formulation enhances our ability to analyze the impact of exogenous changes on African farmers." |
| format | Journal Article |
| id | CGSpace171618 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1999 |
| publishDateRange | 1999 |
| publishDateSort | 1999 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1716182025-01-29T12:58:27Z Non-separable farm household models in a computable general equilibrium model Lofgren, Hans Robinson, Sherman equilibrium models agricultural sector economic policies microeconomics decision making households computable general equilibrium models Empirical evidence and microeconomic theory suggest that, in many settings, farm household production and consumption decisions are "non-separable." Non-separability may have important policy implications, including lack of response or threshold effects when incentives change. This paper extends the literature in two ways. First, we develop a non-separable farm household model with transaction costs and endogenous choice of market "regime" (surplus, self-sufficiency, or deficit) for production-consumption items (commodities and factors that are both demanded and supplied by the household). Second, we embed this household model in an economywidecomputable general equilibrium model which is formulated as a mixed-complementarity problem. Simulations with a model based on data for a stylized, low-income, Sub-Saharan African country show that the proposed formulation enhances our ability to analyze the impact of exogenous changes on African farmers." 1999-08 2025-01-29T12:58:27Z 2025-01-29T12:58:27Z Journal Article https://hdl.handle.net/10568/171618 en Limited Access Wiley Lofgren, Hans; Robinson, Sherman. 1999. Non-separable farm household models in a computable general equilibrium model. American Journal of Agricultural Economics 81(3): 663-670. https://doi.org/10.2307/1244031. |
| spellingShingle | equilibrium models agricultural sector economic policies microeconomics decision making households computable general equilibrium models Lofgren, Hans Robinson, Sherman Non-separable farm household models in a computable general equilibrium model |
| title | Non-separable farm household models in a computable general equilibrium model |
| title_full | Non-separable farm household models in a computable general equilibrium model |
| title_fullStr | Non-separable farm household models in a computable general equilibrium model |
| title_full_unstemmed | Non-separable farm household models in a computable general equilibrium model |
| title_short | Non-separable farm household models in a computable general equilibrium model |
| title_sort | non separable farm household models in a computable general equilibrium model |
| topic | equilibrium models agricultural sector economic policies microeconomics decision making households computable general equilibrium models |
| url | https://hdl.handle.net/10568/171618 |
| work_keys_str_mv | AT lofgrenhans nonseparablefarmhouseholdmodelsinacomputablegeneralequilibriummodel AT robinsonsherman nonseparablefarmhouseholdmodelsinacomputablegeneralequilibriummodel |