The Distributional Implications of Agricultural Policies in Developing Countries - Findings from the Development Policy Evaluation Model (DEVPEM)
This chapter presents the Development Policy Evaluation Model (DEVPEM), a new simulation model which captures four critical aspects of rural economies in developing countries: 1) the role of the household as both a producer and a consumer of food crops; 2) high transaction costs of participating in markets; 3) market linkages among heterogeneous rural producers and consumers; 4) the imperfect conv