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Agricultural Household Models: Genesis, Evolution, and Extensions

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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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Correspondence to J. Edward Taylor.

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Taylor, J.E., Adelman, I. Agricultural Household Models: Genesis, Evolution, and Extensions. Review of Economics of the Household 1, 33–58 (2003). https://doi.org/10.1023/A:1021847430758

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