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Friday 24 March 2017

Optimization of Policy Goals in the Context of a Sector Model

Author
Nicole Ballenger and Roger D. Norton

Abstract: This article investigates the possibilities of including policy choices directly into a sector model that simulates an economic equilibrium It uses a mathematical programming framework because these models have wide applicability in agricultural sector analysis The objective function is quadratic because the authors assume demand functions are linear They formulate a Policy choice model which they apply to Mexican agriculture
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http://econpapers.repec.org/article/agsueraer/149315.htm

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