APPLY COMPUTABLE GENERAL EQUILIBRIUM (CGE) MODEL : The case study: Evaluate the Impacts of Corporate Hog Production in Texas County, Oklahoma, USA

Xe Do

ISBN 10: 3639161424 / ISBN 13: 9783639161427

Published by VDM Verlag Dr. Müller, 2009

About this Item

nach der Bestellung gedruckt Neuware - Printed after ordering - The purpose of this work is to introduce the CGEModel and apply it to measure the impactsof production activities to the economy. Theexpansion of hog production and processing onthe economy of Texas County, Oklahoma, was used asthe case study of this model. The impacts areevaluated based on the measures of welfare.Model in the short-run show that when output of MeatPacking increases 10 times the output of Hog Productincreases 11.54 times while the changes of output ofother sectors are small, and all commodity pricesincrease. The measures of regional welfare such asGross Regional Product increases 7.21%, indirectbusiness increases 8.33% and employment increases10.74%. Results of the long-run show that output ofHog Product increases 35.04 times when output ofMeatpacking increases 30 times. Output put of OtherLivestock decreases 47% because price of mainintermediate inputs such as Feed Grains and OtherCrops increase. The incremental gain of householdincome is small but prices of necessary commoditiesdecrease cause households welfare gains from 0.34 to0.55 percent.

Seller Inventory # 9783639161427

Bibliographic Details

• Title: APPLY COMPUTABLE GENERAL EQUILIBRIUM (CGE) MODEL : The case study: Evaluate the Impacts of Corporate Hog Production in Texas County, Oklahoma, USA
• Publisher: VDM Verlag Dr. Müller
• Publication Date: 2009
• Language: English
• ISBN 10: 3639161424
• ISBN 13: 9783639161427
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 12D millimeters 220 millimeters width by 150 millimeters height by 12 millimeters depth
• Weight: 330 grams

About this title

Synopsis

The purpose of this work is to introduce the CGE Model and apply it to measure the impacts of production activities to the economy. The expansion of hog production and processing on the economy of Texas County, Oklahoma, was used as the case study of this model. The impacts are evaluated based on the measures of welfare. Model in the short-run show that when output of Meat Packing increases 10 times the output of Hog Product increases 11.54 times while the changes of output of other sectors are small, and all commodity prices increase. The measures of regional welfare such as Gross Regional Product increases 7.21%, indirect business increases 8.33% and employment increases 10.74%. Results of the long-run show that output of Hog Product increases 35.04 times when output of Meatpacking increases 30 times. Output put of Other Livestock decreases 47% because price of main intermediate inputs such as Feed Grains and Other Crops increase. The incremental gain of household income is small but prices of necessary commodities decrease cause households welfare gains from 0.34 to 0.55 percent.

About the Author

Born in Can Tho, Vietnam, in 1957. BSc from Can Tho University, Can Tho City, Vietnam, in December 1980. MSc in Economics from University of the Philippines at Los Banos in 1992. PhD with a major in Agricultural Economics at Oklahoma State University in December, 2000. Vice-Rector in charge of Academic affairs, Cantho University, Vietnam.