Taylor, J.E. and Adelman, I.
(2003)
Agricultural household models: Genesis, evolution,
and extensions.
Review of Economics of the Household, 1 (1-2).
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Abstract
This paper offers a synthesis of agricultural household modeling, its evolution and uses; presents a general yet simple agricultural household model, estimated with Mexican village data and programmed using General Algebraic Modeling System software; and uses this model to explore household-level impacts of agricultural policy changes on production and incomes under alternative rural-market scenarios. We point out limitations of household-farm models in heterogeneous rural economies and discuss how to integrate multiple household models into economy-wide models designed to overcome these limitations
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