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DOES TECHNICAL PROGRESS IN AGRICULTURE ALLEVIATE POVERTY? A PHILIPPINE CASE STUDY *
Author(s) -
Coxhead Ian A.,
Warr Peter G.
Publication year - 1995
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1995.tb00542.x
Subject(s) - poverty , economics , agriculture , commodity , welfare , development economics , general equilibrium theory , distribution (mathematics) , public economics , macroeconomics , economic growth , geography , market economy , mathematical analysis , mathematics , archaeology
We examine the impact of technical progress in agriculture on changes in measured poverty and aggregate welfare in a developing country. Using a small general equilibrium model, we show how the economic components of an observed change in poverty can be isolated to expose the significance of intersectoral linkages and the economic roles of changes in relative commodity and factor prices. Variation in the measured rate and distribution of poverty alleviation depends somewhat on the choice of poverty measure, but more substantively on structural assumptions and the effects of policy interventions in agricultural markets.