Village Economies

The Design, Estimation, and Use of Villagewide Economic Models

J Edward Taylor author Irma Adelman author

Format:Paperback

Publisher:Cambridge University Press

Published:14th Dec '06

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Village Economies cover

This book presents a generation of village-wide modelling designed to capture the interactions among households that shape impacts on rural economies.

Most of the world's population live and work in villages in which their activities are primarily centred in households. This book presents a generation of village-wide modelling designed to capture how interactions among households shape the impacts of policy, market and environmental changes on rural production, incomes, employment and migration.Most of the world's population and the vast majority of the world's poor live and work in villages. Their activities are usually centred in households, but interactions among households shape the impacts of policy, market and environmental changes on rural production, incomes, employment and migration. This book presents a generation of villagewide economic modelling designed to capture these interactions when assessing the impacts of policy, market and environmental changes on rural economies in less developed countries. The authors present a general framework for modelling village economies based on computable general-equilibrium techniques, estimate models for villages and a village-town in five different countries, and use these models to conduct a series of comparative experiments. The findings offer explanations for some paradoxical outcomes of exogenous shocks as their influence winds its way through rural economies, and they underline the importance of adopting a local economy-wide perspective when designing development policies.

"...the book will be certainly useful for all those who are involved in understanding the micro-level perspective of village economies and brings out specifically the policy framework based on cross activity linkages." Indian Journal of Agricultural Economics

ISBN: 9780521032292

Dimensions: 228mm x 152mm x 16mm

Weight: 423g

280 pages