IDEAS home Printed from https://ideas.repec.org/a/jda/journl/vol.37year2003issue1pp87-108.html
   My bibliography  Save this article

A CGE model analysis of effects of adjustment to terms of trade shocks on agriculture and income distribution in Kenya

Author

Listed:
  • Karingi, Stephen N.
  • Siriwardana, Mahinda.

    (Kenya Institute for Public Research and Analysis
    University of New England)

Abstract

A simulation analysis using Kenyan economy CGE model is undertaken to look at the effects of two important terms of trade shocks facing Kenya in the mid-1970s. It is evident that the Kenyan economy is very vulnerable to external shocks. Consequently, as these shocks invariably created internal and external imbalances, the policies pursued by the government were important. Some of these policies are analysed in this paper. What seems to be an important outcome is that higher import tariffs and indirect taxes may have reduced the positive impacts of the export boom that were being experienced by the economy at the time, albeit marginally. However, these policies had been introduced as the government tried to grapple with the adverse effects that the oil-price shock seemed to have created in the economy. Hence, the policies may not be seen as an indication of government's mismanagement given that it may not have been aware of the impending windfall from the boom.

Suggested Citation

  • Karingi, Stephen N. & Siriwardana, Mahinda., 2003. "A CGE model analysis of effects of adjustment to terms of trade shocks on agriculture and income distribution in Kenya," Journal of Developing Areas, Tennessee State University, College of Business, vol. 37(1), pages 87-108, September.
    • Handle: RePEc:jda:journl:vol.37:year:2003:issue1:pp:87-108
    as

    Download full text from publisher

    File URL: http://muse.jhu.edu/journals/jda/summary/v037/37.1karingi.html
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Parra Osorio, Juan Carlos & Wodon, Quentin, 2010. "Gender, Time Use, and Labor Income in Guinea: Micro and Macro Analyses," MPRA Paper 28465, University Library of Munich, Germany.
    2. Nganou, Jean-Pascal & Parra, Juan Carlos & Wodon, Quentin, 2009. "Oil price shocks, poverty, and gender: a social accouting matrix analysis for Kenya," MPRA Paper 28471, University Library of Munich, Germany.
    3. Eric Tchouamou-Njoya@hs-bremen.de, 2012. "The Economic Impact of Inbound Tourism in Kenya: A CGE Analysis," EcoMod2012 3901, EcoMod.
    4. Mohamed KARIM & Eric Tchouamou NJOYA, 2013. "Impact of Inbound Tourism in Kenyan Economy: An Analysis Using a Computable General Equilibrium Model," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 3(7), pages 911-932, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jda:journl:vol.37:year:2003:issue1:pp:87-108. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Abu N.M. Wahid (email available below). General contact details of provider: https://edirc.repec.org/data/cbtnsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.