Agricultural Household Models: Genesis, Evolution, and Extensions
- Cite this article as:
- Taylor, J.E. & Adelman, I. Review of Economics of the Household (2003) 1: 33. doi:10.1023/A:1021847430758
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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.