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The Role of the Agro-food Sector in the Macroeconomy: General Equilibrium Effects / Russia’s Agro-Food Sector: Towards Truly Functioning Markets. Edited by P. Wehrheim, K. Frohberg, E. Serova, J. von Braun.

Опубликовано на портале: 04-01-2004
Boston: Kluwer Academic Publishers, 2000, 155-179 с.
This paper discusses the interdependence between Russia’s agro-food sector and the rest of the economy. To address the impact of macroeconomic changes on agro-food markets in the transition period, a stylized computable general equilibrium model (CGE) has been constructed. The current data base of the model consists of five food industry sectors and two agricultural sectors among a total number of 17 sectors. The model is used for three simulations the results of which highlight the magnitude of macroeconomic repercussions stemming from changes in agriculture’s sector performance.