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| Komarek, Adam M.; Waldron, Scott A.; Brown, Colin G.. |
| This paper develops a heterogeneous-agent model to assess the impacts of removing lucerne growing subsidies, increasing livestock numbers and including district-level equilibrium conditions on optimal farm plans in the Qingyang district of Gansu Province, China. The model is a five-year dynamic linear program that solves across 96 farm households whilst incorporating district-level constraints. The approach used allows us to observe seasonal variations in incomes, infer the distribution of a policy shock among households and highlight trade patterns at the district level. The results suggest that without lucerne growing subsidies the total area of lucerne grown by all modelled households falls by 18%. Increasing livestock numbers by 25% reduces net... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Heterogeneous-agent model; District-level constraints; Livestock; China.; Farm Management. |
| Ano: 2011 |
URL: http://purl.umn.edu/100573 |
