Village Economies by J Edward Taylor

Village Economies by J Edward Taylor

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Summary

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.

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Village Economies by J Edward Taylor

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
SKU Unavailable
ISBN 13 9780521550123
ISBN 10 0521550122
Title Village Economies
Author J Edward Taylor
Condition Unavailable
Binding Type Hardback
Publisher Cambridge University Press
Year published 1996-11-13
Number of pages 280
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.