Simulating the effects of supply and demand elasticities on political-economic equilibrium (English)

Wallace's (1962) pioneering study brought to agricultural economics a focus on the role of supply and demand elasticity's in determining the efficiency with which agricultural policy transfers income among interest groups. His discussion provides key insights into what I call the 'consequences of policy' side of current models of political economy. Becker's (1983) and Grossman and Helpman's (1994) models, both famously seminal in the political economy...

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Author

Bullock,David Streed;
Document Date
2008/06/01
Document Type
Working Paper (Numbered Series)
Report Number
55965
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/08/06
Disclosure Status
Disclosed
Doc Name
Simulating the effects of supply and demand elasticities on political-economic equilibrium
Keywords
Political Economy

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Citation

Bullock,David Streed.

Simulating the effects of supply and demand elasticities on political-economic equilibrium (English). Agricultural Distortions working paper ; no. 66 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/840971468332983433

Simulating the effects of supply and demand elasticities on political-economic equilibrium (English)

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