Abstract
AbstractThis paper develops a class of partial equilibrium models capable of analyzing in a unified way a number of market‐transmitted distributional consequences of a variety of exogenous shocks in agriculture. The shocks include technical change (neutral or biased), changes in the supply of agricultural inputs or in the demand for agricultural outputs, and government interventions. The models accommodate more than two primary factors of production and more than one region with or without constraints on factor mobility.
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