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A Macro-Economic Model for Agricultural Sector Analysis

Author

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  • Derek Byerlee
  • A. N. Halter

Abstract

Agricultural sector analyses for purposes of agricultural policy evaluation and planning in developing countries are generally conducted in a partial equilibrium framework without regard to agricultural-nonagricultural interactions. A relatively simple simulation model built on an input-output framework is developed which, in combination with an agricultural sector analysis, enables interactions in the product markets and labor market to be considered. The model is illustrated through linkage with an agricultural simulation model to evaluate alternative agricultural policies in Nigeria. The model also has potential for use with other formal and informal sector analysis techniques.

Suggested Citation

  • Derek Byerlee & A. N. Halter, 1974. "A Macro-Economic Model for Agricultural Sector Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 520-533.
    • Handle: RePEc:oup:ajagec:v:56:y:1974:i:3:p:520-533.
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    File URL: http://hdl.handle.net/10.2307/1238604
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    Cited by:

    1. National Resource Economics Division, Economics, Statistics, and Cooperatives Service, 1979. "Natural Resource Capital in U.S. Agriculture: Irrigation, Drainage and Conservation Investments Since 1900," Economics Statistics and Cooperative Services (ESCS) Reports 329202, United States Department of Agriculture, Economic Research Service.
    2. Krzysztof Firlej & Sebastian Kubala, 2021. "The Financial Determinants of Investment Level Based on the Direction of Production of Agricultural Enterprises in the European Union," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 140-152.

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