Non-separable farm household models in a computable general equilibrium model
| dc.creator | Lofgren, Hans | |
| dc.creator | Robinson, Sherman | |
| dc.date | 1999-08 | |
| dc.date | 2025-01-29T12:58:27Z | |
| dc.date | 2025-01-29T12:58:27Z | |
| dc.date.accessioned | 2026-06-27T15:41:38Z | |
| dc.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." | |
| dc.identifier | https://hdl.handle.net/10568/171618 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/111927 | |
| dc.language | en | |
| dc.publisher | Wiley | |
| dc.rights | Limited Access | |
| dc.source | 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. | |
| dc.subject | equilibrium | |
| dc.subject | models | |
| dc.subject | agricultural sector | |
| dc.subject | economic policies | |
| dc.subject | microeconomics | |
| dc.subject | decision making | |
| dc.subject | households | |
| dc.subject | computable general equilibrium models | |
| dc.title | Non-separable farm household models in a computable general equilibrium model | |
| dc.type | Journal Article |