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Income and equity effects of the green revolution in the Philippines: a macroeconomic perspective
Author(s) -
Bautista Romeo M.
Publication year - 1997
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/(sici)1099-1328(199703)9:2<151::aid-jid352>3.0.co;2-8
Subject(s) - economics , counterfactual thinking , equity (law) , green revolution , yield (engineering) , promotion (chess) , agricultural economics , agriculture , geography , political science , philosophy , materials science , archaeology , epistemology , politics , law , metallurgy
This paper analyzes the economywide income effects, with special reference to the redistributive impact, of the dramatic growth in rice yield in the Philippines during the ‘green revolution’ period 1965‐80. Proportionately larger income benefits are found to accrue to the large‐farm than the small‐farm households, implying a negative effect under the historical policy regime and economic structure. The results of counterfactual simulation involving a more active promotion of small‐farm production point to a complimentarity, rather then a trade‐off, between the twin objectives of growth and equity. © 1997 by John Wiley & Sons, Ltd