Rural Economy

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Andrew Dorward - One of the best experts on this subject based on the ideXlab platform.

  • markets and pro poor agricultural growth insights from livelihood and informal Rural Economy models in malawi
    Agricultural Economics, 2006
    Co-Authors: Andrew Dorward
    Abstract:

    This article presents the development of a set of programming models describing the major features of different Rural livelihoods and of the informal Rural Economy they together make up in Malawi. The models allow for differentiated responses by different household types to change and for the partial equilibrium effects of consequent supply, demand, and price adjustments in labor and grain markets. The models provide insights into the relations between own-farm and nonown-farm activities in different households' livelihoods and in the informal Rural Economy as a whole, and are used to investigate possible impacts of increasing cash crop prices and of a more open Rural Economy. Impacts of these changes on the poor are found to be critically dependent upon supply and demand elasticities in labor and grain markets, but the poor could potentially suffer significant losses from increased openness of the local Economy leading to increased expenditure by less poor households on imported goods and services. Copyright 2006 International Association of Agricultural Economists.

  • markets and pro poor agricultural growth insights from livelihood and informal Rural Economy models in malawi
    Social Science Research Network, 2006
    Co-Authors: Andrew Dorward
    Abstract:

    This article presents the development of a set of programming models describing the major features of different Rural livelihoods and of the informal Rural Economy they together make up in Malawi. The models allow for differentiated responses by different household types to change and for the partial equilibrium effects of consequent supply, demand, and price adjustments in labor and grain markets. The models provide insights into the relations between own-farm and nonown-farm activities in different households’ livelihoods and in the informal Rural Economy as a whole, and are used to investigate possible impacts of increasing cash crop prices and of a more open Rural Economy. Impacts of these changes on the poor are found to be critically dependent upon supply and demand elasticities in labor and grain markets, but the poor could potentially suffer significant losses from increased openness of the local Economy leading to increased expenditure by less poor households on imported goods and services.

Tom Hertz - One of the best experts on this subject based on the ideXlab platform.

  • crop prices agricultural revenues and the Rural Economy
    Applied Economic Perspectives and Policy, 2015
    Co-Authors: Jeremy G Weber, Conor Wall, Jason P Brown, Tom Hertz
    Abstract:

    Policy makers in the United States often justify agricultural subsidies by stressing that agriculture is the engine of the Rural Economy. We use the increase in crop prices in the late 2000s to estimate the marginal effect of increased agricultural revenues on local economies in the U.S. Heartland. We find that $1 more in crop revenue generated 64¢ in personal income, with most going to farm proprietors and workers (59%) or nonfarmers who own farm assets (36%). The evidence suggests a weak link between revenues and nonfarm income or employment, or on population. Cuts to agricultural subsidies are therefore likely to have little effect on the broader Rural Economy in regions like the Heartland.

  • crop prices agricultural revenues and the Rural Economy
    MPRA Paper, 2014
    Co-Authors: Jeremy G Weber, Conor Wall, Jason P Brown, Tom Hertz
    Abstract:

    U.S. policy makers often justify agricultural subsidies by stressing that agriculture is the engine of the Rural Economy. We use the increase in crop prices in the late 2000s to estimate the marginal effect of increased agricultural revenues on local economies in the U.S. Heartland. We find that $1 more in crop revenue generated 64 cents in personal income, with most going to farm proprietors and workers (59 percent) or nonfarmers who own farm assets (36 percent). The evidence suggests a weak link between revenues and nonfarm income or employment, or on population.

Ambika P Dash - One of the best experts on this subject based on the ideXlab platform.

  • Prelude to Rural Economy and Development: Planning for the Future
    Social Science Research Network, 1995
    Co-Authors: Rabi N. Subudhi, Ambika P Dash
    Abstract:

    This Edited book on 'Rural Economy and Development: Planning for the future', comprising of seven chapters on various RD related issues, is from various subject experts. It covers some micro and macro level issues relating to Rural Economy and development and suggests strategies for long term planning. Editor-authors, Subudhi & Dash, suggest, 'Integrated computing system for Rural planning and development.'

Reena - One of the best experts on this subject based on the ideXlab platform.

  • Role of Rural Economy of India
    International Journal of Research, 2018
    Co-Authors: Reena
    Abstract:

    India is the second highest  populated country in the world. India is known as an agricultural country, as most of the population of villages depends on agriculture. Agriculture forms the backbone of the country’s Economy. The agricul­tural sector contributes most to the overall economic development of the country. For centuries together, the Indian village has been a self-sufficient and self-contained econ­omy. India is predominantly a Rural country with two third populations and 70 per cent workforce residing in Rural areas. Rural Economy constitutes 46 per cent of national income. Despite the rise of urbanisation more than half of India’s population is projected to be Rural by 2050. Thus growth and development of Rural Economy and population are a key to overall growth and inclusive development of the country. Traditionally, agriculture is the prime sector of Rural Economy and Rural employment. The transition in composition of output and occupation from agriculture to more productive non-farm sectors is considered as an important source of economic growth and transformation in Rural and total Economy The study analyses changes in Rural Economy and employment during the last forty years covering the period 1970-71 to 2011-12. The new economic policy of 1991 was the turning point of the Indian Economy. A lot of changes in the Economy have been occurring due to the adoption of ‘The New Economic Policy’ especially, in the services sector. The current situation in India is that the growth rate of services has overtaken both agriculture and industry. Service sector has contributed 63 per cetin the GDP which is highest, as compared to agriculture and industry sector.

Jeremy G Weber - One of the best experts on this subject based on the ideXlab platform.

  • crop prices agricultural revenues and the Rural Economy
    Applied Economic Perspectives and Policy, 2015
    Co-Authors: Jeremy G Weber, Conor Wall, Jason P Brown, Tom Hertz
    Abstract:

    Policy makers in the United States often justify agricultural subsidies by stressing that agriculture is the engine of the Rural Economy. We use the increase in crop prices in the late 2000s to estimate the marginal effect of increased agricultural revenues on local economies in the U.S. Heartland. We find that $1 more in crop revenue generated 64¢ in personal income, with most going to farm proprietors and workers (59%) or nonfarmers who own farm assets (36%). The evidence suggests a weak link between revenues and nonfarm income or employment, or on population. Cuts to agricultural subsidies are therefore likely to have little effect on the broader Rural Economy in regions like the Heartland.

  • crop prices agricultural revenues and the Rural Economy
    MPRA Paper, 2014
    Co-Authors: Jeremy G Weber, Conor Wall, Jason P Brown, Tom Hertz
    Abstract:

    U.S. policy makers often justify agricultural subsidies by stressing that agriculture is the engine of the Rural Economy. We use the increase in crop prices in the late 2000s to estimate the marginal effect of increased agricultural revenues on local economies in the U.S. Heartland. We find that $1 more in crop revenue generated 64 cents in personal income, with most going to farm proprietors and workers (59 percent) or nonfarmers who own farm assets (36 percent). The evidence suggests a weak link between revenues and nonfarm income or employment, or on population.