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Applied general equilibrium and economic development

Traditional tools of analysis that focus on particular commodities or sectors, a particular time frame, and aggregate diverse socioeconomic groups are ill-suited to analyze the consequences of the economic reforms of the last ten years. This volume shows the greater power and relevance of applied general equilibrium methods. Through discussion of several major policy issues - agricultural and food policy, economies of scale in production and the associated market imperfections, macrostabilization programs, and modeling intertemporal tradeoffs - the contributors present work representative...

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