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Title | Sensitivity of welfare effects estimated by equilibrium displacement model |
Subtitle | A biological productivity growth for semisubsistence crops in Sub-Sahara African market with high transaction costs |
Author | Takeshima, Hiroyuki |
ORCID | http://orcid.org/0000-0002-1761-408X Takeshima, Hiroyuki; |
Year | 2009 |
Abstract | This paper discusses the application of the equilibrium displacement model (EDM) to estimate ex-ante the welfare effects of biological productivity growth for semi-subsistence crop and its impact on poverty reduction. The conventionally used EDM is compared with an alternative EDM that reflects more realistic assumptions for African semi-subsistence crops, such as the shape and shift of supply curve, significant margins due to high transportation costs between farmgate and consumption market, as well as between different consumption markets, and the degree of precisions of estimated structural parameters. The application to the dataset for Benin cassava farmers provides an example that the conventional EDM may significantly overestimate the total welfare gains, and may also lead to very different interpretation of how pro-poor the technology is. |
Series Name | IFPRI Discussion Paper |
Series Number | 936 |
Publisher | International Food Policy Research Institute (IFPRI) |
Place of publication | Washington, D.C. |
Language | English |
Record Type | Discussion paper |
Peer Reviewed - PR or Non-PR | Non-PR |
Subject - country location |
AFRICA AFRICA SOUTH OF SAHARA |
Subject - keywords |
equilibrium displacement model pivotal shift Cassava semisubsistence market margins double buffering Development strategies |
IFPRI Descriptors |
IFPRI1 GRP32 |
IFPRI Division | DSGD |
LOC call number | IFPRIDP00936 |
Physical description | 36 pages |
IFPRI Web link | http://www.ifpri.org/publication/sensitivity-welfare-effects-estimated-equilibrium-displacement-model |
Requests | mailto:ifpri-library@cgiar.org |
CONTENTdm file name | 28749.cpd |
Date cataloged | 2015-11-05 |
Date modified | 2015-11-05 |
OCLC number | 778453797 |
CONTENTdm number | 28748 |
Description
Title | ifpridp00936 1 |
Requests | mailto:ifpri-library@cgiar.org |
CONTENTdm file name | 28705.pdfpage |
Date cataloged | 2015-03-06 |
Date modified | 2015-03-06 |
CONTENTdm number | 28704 |
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