Impacts of agricultural and nonagricultural trade liberalization on agriculture are assessed in a multi-commodity, multi-country framework. By modeling simultaneously all goods sectors of the economy, we evaluate the importance of: (a) relative price changes between sectors, and (b) income and...

The paper reviews the theory of the impact of loan collateral, and in particular land collateral, in institutional and non-institutional rural credit markets. Evidence from three Asian developing countries is presented, showing extensive use of land collateral among institutional lenders in...

Evidence is forwarded of a will for rationalisation of higher education, research and technology transfer processes; but the actions which have taken place in all three structures have, in contrast, produced irrationality and inefficiency. Tertiary education institutions are proposed as the...

Since the early 1970s there has been interest in the application of optimal control theory to the management of economic systems. Specifically, optimal control theory prescribes policy strategies which optimise a quantifiable policy preference function subject to market equilibrium conditions....

Chronic food production deficits since the early 1970s have prompted policymakers of Burkina Faso to emphasize technological research with the goal of increasing the production of the mostconsumed locally-grown cereals: sorghum, millet and maize. Meanwhile, urban consumers have been developing...

This paper quantitatively analyses the cost-effectiveness of alternative green payment policies designed to achieve a targeted level of pollution control by heterogeneous micro units. These green payment policies include cost-share subsidies that share the fixed costs of adoption of a...

This paper examines whether developing countries, as a group, would be better off in the absence of agricultural protection in the industrial North and, if so, whether they should support reforms negotiated between the major players in the Uruguay Round. Results from the Tyers-Anderson GLS model...

Over the past 20 years the growth of China's agricultural economy has been extraordinary. However, it seems unlikely that China will maintain self-sufficiency in grains by 2005 without substantial intervention. We develop a CGE model to assess the options available to Chinese policy makers. We...