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.
agricultural economics agricultural sector performance agriculture general equilibrium model input-output data
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