Effects of technological progress on consumersâ€™ and producersâ€™ welfare: a case study for Pakistan Punjab
AbstractWhile there is no dearth of regression analyses or linear programming models reviewing the agricultural performance of Pakistan, hardly any study has used a price endogenous mathematical programming model to simulate the ex ante effects of new policies on consumers and producers simultaneously. Responding to this need this paper simulates the crop sector of Pakistan considering price-quantity interrelationships. In its present form, the model is restricted to the Pakistan Punjab which successfully replicates the observed cropping pattern in the base year (2006). The model assumes an aggregate representative farmer who allocates the resources in such a way that the optimal quantities supplied at market prices are consistent with the farm-gate demands at those prices. The model is then solved by altering the yield and cost parameters from Indiaâ€™s Punjab, to analyze the new market equilibrium that would occur in the crops sector of Pakistan Punjab under a technologically enhanced agricultural system.
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Bibliographic InfoArticle provided by Humboldt-Universität zu Berlin in its journal Quarterly Journal of International Agriculture.
Volume (Year): 49 (No.3)
Issue (Month): ()
price endogenous; sector model; historical mixes; Pakistan; Agricultural and Food Policy; Consumer/Household Economics; Research and Development/Tech Change/Emerging Technologies; C61; Q11; Q18;
Find related papers by JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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