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Registros recuperados: 23
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PARAMETER ESTIMATION AND MEASURES OF FIT IN A GLOBAL, GENERAL EQUILIBRIUM MODEL AgEcon
Liu, Jing; Arndt, Channing; Hertel, Thomas W..
Computable General Equilibrium (CGE) models have been widely used for quantitative analysis of global economic issues. However, CGE models are frequently criticized for resting on weak empirical foundations. This paper builds on recent work in macro-econometric estimation, developing an approach to parameter estimation for a widely employed global CGE model, the Global Trade Analysis Project (GTAP) model. An approximate likelihood function is developed and the set of optimum elasticity values is obtained by maximizing this approximate likelihood function in the context of a back casting exercise. In addition, two statistical tests are performed. The first of these tests compares the standard GTAP elasticity vector with the estimated trade elasticity...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade; Research Methods/ Statistical Methods.
Ano: 2003 URL: http://purl.umn.edu/28687
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FARM HOUSEHOLD EFFICIENCY IN MOZAMBIQUE AgEcon
Uaiene, Rafael N.; Arndt, Channing.
This article provides estimates of farm household efficiency and its determinants among smallholder farmers in Mozambique. A translog stochastic frontier production function and a first difference model incorporating a model of farm household inefficiency effects are applied to test the existence of agricultural farm household inefficiencies and their determinants in Mozambique. The null hypothesis of equal farm household efficiency among households was rejected. Variation in farm household efficiency indicates that access to agricultural technology is a severe constraint for most farm households. Factors such as access to advisory services, access to rural credit, membership to an agricultural association, use of improved agricultural technology...
Tipo: Conference Paper or Presentation Palavras-chave: Stochastic frontier analysis; Farm production efficiency; Productivity Analysis; C12; C13.
Ano: 2009 URL: http://purl.umn.edu/51438
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HIV/AIDS AND LABOR MARKETS IN TANZANIA AgEcon
Arndt, Channing; Wobst, Peter.
We analyze the implications of the HIV/AIDS pandemic in Tanzania for labor markets and human capital accumulation. Three analyses are undertaken. First, we examine the 2000/01 Labor Force Survey and compare it with the 1990/91 Labor Force Survey. Since these two surveys encompass a period where accumulated AIDS deaths increased dramatically, their comparison provides an opportunity to make inferences about the impact of HIV/AIDS over that period. Second, we study rates of human capital accumulation, proxied by educational attainment, for the period 1991 to 2000. While the most obvious impact of HIV/AIDS on human capital comes about through the deaths of skilled people, this might not be the greatest concern in terms of long run economic impact. In poor...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital.
Ano: 2002 URL: http://purl.umn.edu/16288
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Poverty Comparisons with Endogenous Absolute Poverty Lines AgEcon
Simler, Kenneth R.; Arndt, Channing.
The objective of measuring poverty is usually to make comparisons over time or between two or more groups. Comm on statistical inference methods are used to determine whether an apparent difference in measured poverty is statistically significant. Studies of relative poverty have long recognized that when the poverty line is calculated from sample survey data, both the variance of the poverty line and the variance of the welfare metric contribute to the variance of the poverty estimate. In contrast, studies using absolute poverty lines have ignored the poverty line variance, even when the poverty lines are estimated from sample survey data. Including the poverty line variance could either reduce or increase the precision of poverty estimates, depending on...
Tipo: Conference Paper or Presentation Palavras-chave: Poverty measurement; Bootstrap; Mozambique; Food Security and Poverty; I32; C13; 012.
Ano: 2006 URL: http://purl.umn.edu/25775
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Marketing margins and agricultural technology in Mozambique AgEcon
Arndt, Channing; Jensen, Henning Tarp; Robinson, Sherman; Tarp, Finn.
"July 1999." Includes bibliographical references (p. 29). Published as Arndt, Channing, Jensen, Henning Tarp, Robinson, Sherman, Tarp, Finn. 2000. Marketing margins and agricultural technology in Mozambique. Journal of Development Studies 37(1): 121-137.
Tipo: Working or Discussion Paper Palavras-chave: Rice -- Prices -- Models; Agricultural development; Marketing; Technology; Mozambique; Computable general equilibrium (CGE); Marketing; Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/97537
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Facing the Development Challenge in Mozambique: An Economywide perspective AgEcon
Tarp, Finn; Jensen, Henning Tarp; Arndt, Channing; Robinson, Sherman; Herlberg, Rasmus.
This study responds to some of Mozambique's basic development challenges and provides qualitative and quantitative insights for policymaking from an economywide perspective. The report highlights the importance of agricultural development showing agriculture's large sectoral multiplier effects and that applying scarce capital to agriculture is generally more effective than applying it to industry and services. A novel CGE model is developed and used in a series of analyses focused on the impact and design of economic policy. Issues addressed are aid dependency, biases in price incentives facing the agriculture sector, improvement in agricultural technology and marketing margins, risk-reducing behavior and gender roles in agricultural production, and food...
Tipo: Report Palavras-chave: International Development.
Ano: 2002 URL: http://purl.umn.edu/16541
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Inequality and Poverty Impacts of Trade Distortions in Mozambique AgEcon
Arndt, Channing; Thurlow, James.
Although Mozambique has considerable agricultural potential, rural poverty remains extremely high. This paper examines the extent to which global and domestic price distortions affect agricultural production and national poverty. We develop a computable general equilibrium (CGE) and micro-simulation model of Mozambique that is linked to the results of a global model. This framework is used to examine the effects of eliminating global and national price distortions. Model results indicate that agriculture is adversely affected by current trade distortions due to policies in the rest of the world. While a removal of all merchandise trade distortions would reduce import prices, it would also raise agricultural production and reduce poverty. By contrast,...
Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2009 URL: http://purl.umn.edu/52794
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POTENTIAL IMPACTS OF THE PROPOSED WEST AFRICAN MONETARY ZONE ON COWPEA TRADE IN WEST AND CENTRAL AFRICA AgEcon
Langyintuo, Augustine S.; Lowenberg-DeBoer, James; Arndt, Channing.
Member countries of the Economic Community of West African States (ECOWAS) are expected to form a West African Monetary Zone (WAMZ) by 2004 whereby member countries would use a common currency in an attempt to promote regional integration. Evidence suggests that reduction in transaction cost as a result of a decrease or complete elimination of non-tariff barriers (NTBs) and a decrease in real interest rates in response to elimination of exchange rate differentials positively influence trade. The objective of this study is to quantify the effects of (a) a 7% real interest rate on capital and (b) zero NTBs within ECOWAS countries on cowpea trade in West and Central Africa in order to provide a measure of the potential impacts of a common monetary policy. The...
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/22236
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MAIZE MARKETS AND RURAL STORAGE IN MOZAMBIQUE: A SPATIAL AND TEMPORAL ANALYSIS AgEcon
Arndt, Channing; Schiller, Rico; Philipsen, Annelotte.
We employ a mixed complementarity problem (MCP) approach to a spatial and temporal equilibrium model of the maize market in Mozambique. The MCP approach efficiently captures interactions between transpost costs and interest rates, which captures interactions between transport costs and interest rates, which may differ across agents. Results indicate that differentials in interest rates significantly impact marketing patterns.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing; Public Economics.
Ano: 1998 URL: http://purl.umn.edu/20991
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Biofuels, Poverty, and Growth: A Computable General Equilibrium Analysis of Mozambique AgEcon
Arndt, Channing; Benfica, Rui M.S.; Tarp, Finn; Thurlow, James; Uaiene, Rafael N..
This paper assesses the implications of large-scale investments in biofuels for growth and income distribution. We find that biofuels investment enhances growth and poverty reduction despite some displacement of food crops by biofuels. Overall, the biofuel investment trajectory analyzed increases Mozambique’s annual economic growth by 0.6 percentage points and reduces the incidence of poverty by about six percentage points over a 12-year phase-in period. Benefits depend on production technology. An outgrower approach to producing biofuels is more pro-poor, due to the greater use of unskilled labor and accrual of land rents to smallholders, compared with the more capital-intensive plantation approach. Moreover, the benefits of outgrower schemes are enhanced...
Tipo: Working or Discussion Paper Palavras-chave: Bio-fuels; Growth; Poverty; Mozambique; Africa; Agricultural and Food Policy; International Development; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/52004
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Poverty Comparisons with Absolute Poverty Lines Estimated from Survey Data AgEcon
Simler, Kenneth R.; Arndt, Channing.
The objective of measuring poverty is usually to make comparisons over time or between two or more groups. Common statistical inference methods are used to determine whether an apparent difference in measured poverty is statistically significant. Studies of relative poverty have long recognized that when the poverty line is calculated from sample survey data, both the variance of the poverty line and the variance of the welfare metric contribute to the variance of the poverty estimate. In contrast, studies using absolute poverty lines have ignored the poverty line variance, even when the poverty lines are estimated from sample survey data. Including the poverty line variance could either reduce or increase the precision of poverty estimates, depending on...
Tipo: Report Palavras-chave: Poverty measurement; Bootstrap; Mozambique; Food Security and Poverty.
Ano: 2006 URL: http://purl.umn.edu/55894
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HIV/AIDS, HUMAN CAPITAL AND ECONOMIC PROSPECTS FOR MOZAMBIQUE AgEcon
Arndt, Channing.
As in other countries in the southern Africa region, a human development catastrophe is unfolding in Mozambique. Recently released data estimate HIV prevalence rates amongst the adult population in the year 2000 at around 12% with substantial regional variation. Due to the magnitude of the HIV/AIDS pandemic, it has become a top priority development issue in the southern Africa region, including Mozambique. The goal of this paper is to try to come to grips with the economic dimension. In this initial assessment, focus is on the implications for macroeconomic prospects. A dynamic computable general equilibrium approach is employed to quantify impacts on key macroeconomic variables and identify the major channels through which these impacts occur. Particular...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital.
Ano: 2002 URL: http://purl.umn.edu/16315
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AN INTRODUCTION TO SYSTEMATIC SENSITIVITY ANALYSIS VIA GAUSSIAN QUADRATURE AgEcon
Arndt, Channing.
Economists recognize that results from simulation models are dependent, sometimes highly dependent, on values employed for critical exogenous variables. To account for this, analysts sometimes conduct sensitivity analysis with respect to key exogenous variables. This paper presents a practical approach for conducting systematic sensitivity analysis, called Gaussian quadrature. The approach views key exogenous variables as random variables with associated distributions. It produces estimates of means and standard deviations of model results while requiring a limited number of solves of the model. Under mild conditions, all of which hold with respect to the GTAP model, there is strong reason to believe that the estimates of means and standard...
Tipo: Working or Discussion Paper Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1996 URL: http://purl.umn.edu/28709
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OPPORTUNITIES AND CHALLENGES IN AGRICULTURE AND GARMENTS: A GENERAL EQUILIBRIUM ANALYSIS OF THE BANGLADESH ECONOMY AgEcon
Arndt, Channing; Dorosh, Paul A.; Fontana, Marzia; Zohir, Sajjad; El-Said, Moataz; Lungren, Christen.
For the past two decades, Bangladesh has enjoyed steady growth in per capita incomes enabling a significant reduction in poverty. An increase in rice productivity, achieved through a combination of improved seeds, increased fertilizer use, and public and private investments in irrigation, played a major role in the increase in incomes. Among the other major factors were a large expansion in textile exports, made possible by changes in world demand, Bangladesh trade liberalization, and macro-economic stability; and increases in workers. remittances. In order to accelerate or even maintain income growth rates and poverty reduction, future policies must be carefully designed to capture the benefits and minimize the risks of international trade and a...
Tipo: Working or Discussion Paper Palavras-chave: International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/16294
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Estimating Utility-Consistent Poverty Lines AgEcon
Arndt, Channing; Simler, Kenneth R..
The “Cost of Basic Needs” (CBN) approach to drawing consumption-based poverty lines is widely applied and lays credible claim to being the best practice for estimating poverty measures. Unfortunately, a growing mass of evidence indicates that poverty estimates obtained under the CBN approach are often demonstrably utility inconsistent. Here, we introduce an information theoretic approach for estimating utility-consistent poverty lines. An example of the approach is provided for the case of Mozambique. The approach represents a powerful addition to the poverty analyst’s tool kit and enhances the attractiveness of the CBN approach for practical poverty measurement problems.
Tipo: Working or Discussion Paper Palavras-chave: Poverty lines; Entropy estimation; Revealed preferences; Mozambique; Food Security and Poverty.
Ano: 2005 URL: http://purl.umn.edu/59591
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PARAMETER ESTIMATION FOR A COMPUTABLE GENERAL EQUILIBRIUM MODEL: A MAXIMUM ENTROPY APPROACH AgEcon
Arndt, Channing; Robinson, Sherman; Tarp, Finn.
We introduce a maximum entropy approach to parameter estimation for computable general equilibrium (CGE) models. The approach applies information theory to estimating a system of nonlinear simultaneous equations. It has a number of advantages. First, it imposes all general equilibrium constraints. Second, it permits incorporation of prior information on parameter values. Third, it can be applied in the absence of copious data. Finally, it supplies measures of the capacity of the model to reproduce the historical record and the statistical significance of parameter estimates. The method is applied to estimating a CGE model of Mozambique.
Tipo: Working or Discussion Paper Palavras-chave: Maximum entropy; Computable general equilibrium; CGE; Prior information; Mozambique.; Research Methods/ Statistical Methods; C51; C68.
Ano: 2001 URL: http://purl.umn.edu/42456
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Distortions to Agricultural Incentives in Mozambique AgEcon
Alfieri, Andrea; Arndt, Channing; Cirera, Xavier.
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Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2007 URL: http://purl.umn.edu/48552
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IMPLEMENTING SYSTEMATIC SENSITIVITY ANALYSIS USING GEMPACK AgEcon
Arndt, Channing; Pearson, Ken.
Replaced with revised version of paper 11/00.
Tipo: Working or Discussion Paper Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2000 URL: http://purl.umn.edu/28712
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Social Accounting Matrices for Mozambique, 1994 and 1995 AgEcon
Arndt, Channing; Cruz, Antonio; Jensen, Henning Tarp; Robinson, Sherman; Tarp, Finn.
"July 1998.". "MERRISA: Macro Economic Reforms and Regional Integration in Southern Africa." Includes bibliographical references (p. 61-62).
Tipo: Working or Discussion Paper Palavras-chave: Mozambique; Social accounting -- Mathematical models; Production (Economic theory); Consumer/Household Economics.
Ano: 1998 URL: http://purl.umn.edu/97548
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DEMAND FOR HERBICIDE IN CORN: AN ENTROPY APPROACH USING MICRO-LEVEL DATA AgEcon
Arndt, Channing.
Price responsiveness of herbicide demand in corn for farmers in Indiana'’s White River Basin using cross-section data from individual farms is estimated. Particular attention is paid to appropriate treatment of binding nonnegativity constraints. Estimation was first attempted using an approach to demand systems estimation suggested by Lee and Pitt. However, analytical and computational difficulties effectively preclude estimation by the Lee and Pitt approach. As an alternative, a maximum entropy (ME) approach is presented and discussed. Results from the ME estimator tentatively indicate limited response of herbicide demand to changes in own prices. The maximum entropy approach to demand systems estimation appears to have merit and warrants further attention.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Demand and Price Analysis.
Ano: 1999 URL: http://purl.umn.edu/30866
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