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Computable General Equilibrium Models, Adjustment and the Poor in Africa.

Abstract:

Sahn and others at Cornell have conducted a major research program on the impact of adjustment policies on the poor in Africa, making use of Computable General Equilibrium (CGE) models. Their work was summarized in World Development April 1996. They concluded that adjustment policies have not hurt and may have helped the poor. This paper shows that such conclusions are highly dependent on the assumptions made about parameters, relationships and closure in the models. Moreover, in Madagascar a...

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Journal:
World Development More from this journal
Volume:
27
Publication date:
1999-01-01
ISSN:
0305-750X
Language:
English
UUID:
uuid:0cb08bca-7a49-4a66-b32d-0aac724181d5
Local pid:
oai:economics.ouls.ox.ac.uk:11508
Deposit date:
2011-08-16

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