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- W3125604654 abstract "There has been an explosion of work on stabilization policies and growth in developing nations in the past two decades. The modeling framework for macroeconomic policy analysis and policy recommendations for the developing economies in the postwar era has also undergone some dramatic changes. The early models mimicked those designed primarily for developed economies, and they were cast within the framework of the Harrod-Domar aggregate growth model,' Lewis-Fei-Ranis labor surplus model,2 Leontief fixed-coefficient model,3 static and dynamic linear programming model, and Chenery two-gap model.4 These models essentially dealt with long-run growth issues and neglected the short-run stabilization policies. In response to the shortcomings of the earlier models, Jere R. Behrman outlined some features that should be included in the macroeconomic models designed for developing economies and also emphasized the linkage between sectors of the economy. I The current generation of models (including those developed for Ghana) have incorporated one or more of Behrman' s features and have attempted to provide models that handle issues pertaining to short-run macroeconomic policies.6 Models that have been constructed to analyze sectors of the Ghanaian economy, however, have ignored the important linkage that exists between sectors, especially" @default.
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- W3125604654 date "1995-01-01" @default.
- W3125604654 modified "2023-09-25" @default.
- W3125604654 title "The Effect of Government Policies on Agricultural Prices and Output in a Developing Country" @default.
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