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A General Equilibrium Perspective on Structural Change in the Rural Economy

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  • Maureen Kilkenny
  • Daniel Otto

Abstract

A research study explored innovative methods for constructing computable general equilibrium (CGE) models for rural structural change and development policy analysis. These are the 'make' matrix, the personal consumption goods-industrial goods matrix, the occupation-industry matrix and the map distance matrix. Modeling the CGE for rural areas requires particular attention to the results of econometric tests on economics theories, especially since rural communities are demographically and economically different from urban regions.
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Suggested Citation

  • Maureen Kilkenny & Daniel Otto, 1994. "A General Equilibrium Perspective on Structural Change in the Rural Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(5), pages 1130-1137.
    • Handle: RePEc:oup:ajagec:v:76:y:1994:i:5:p:1130-1137.
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    File URL: http://hdl.handle.net/10.2307/1243404
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    Cited by:

    1. Hussain, Anwar & Munn, Ian A. & Holland, David W. & Armstrong, James & Spurlock, Stanley R., 2012. "Economic Impact of Wildlife-Associated Recreation Expenditures in the Southeast United States: A General Equilibrium Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(1), pages 1-20, February.
    2. Swinton, Scott M. & Black, J. Roy, 2000. "Modeling Of Agricultural Systems," Staff Paper Series 11581, Michigan State University, Department of Agricultural, Food, and Resource Economics.

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