The Green Revolution in a macroeconomic perspective: the Philippine case
AbstractThis paper analyzes the income and equity effects of the dramatic growth in rice yield in the Philippines during the "green revolution" period 1965-1980 using a modified Social Accounting Matrix (SAM) framework. Proportionately larger income benefits are found to accrue to the large-farm than the small-farm households, indicating a negative equity 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 complementarity, rather than a tradeoff, between the twin objectives of growth and equity.
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Bibliographic InfoPaper provided by International Food Policy Research Institute (IFPRI) in its series TMD discussion papers with number 4.
Date of creation: 1995
Date of revision:
Green Revolution Philippines.; Social accounting Mathematical models.; Farm income Philippines.; Rice production Philippines.;
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- Romeo M. Bautista, 1997. "Income and equity effects of the green revolution in the Philippines: a macroeconomic perspective," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(2), pages 151-168.
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