Poverty Analysis Within a General Equilibrium Framework

The main objective of this paper is to show how Social Accounting Matrices (SAM) and Computable General Equilibrium (CGE) Models can be used to highlight and address issues related to income distribution and poverty. The paper is divided into two major parts. Part 1 presents the concept of the SAM as a comprehensive, consistent and disaggregated data system and shows how the SAM methodology can be used to analyze issues related to income distribution and, in a much more limited way, poverty. Part 2 is devoted to the presentation of a CGE model calibrated on an archetype African SAM (same as above). One innovation in the specification of the present CGE is that it goes part way in endogenizing the poverty line and the resulting poverty incidence among the different socioeconomic household groups and representing income distribution with a flexible Beta distribution function and using the F-G-T additively decomposable class of poverty measures. The model is used to simulate the impact of two exogenous shocks (a fall in the price of the export crop and an import tariff reform) specifically on poverty.Poverty, Computable General Equilibrium Model, Input Output Models

A Report on the Seminar on Demand for Farm Products

This report includes papers presented and discussed at a seminar on demand for farm products, The seminar was sponsored by the Center for Agricultural Adjustment of the Division of Agriculture, Iowa State College, The seminar met for two hours per week for three months during the spring quarter. The seminar was organized to include about 60 members formally designated by the committee. These seminar members, as well as a formal discussant for each topic, evaluated the presentation at each session.https://lib.dr.iastate.edu/card_reports/1001/thumbnail.jp