MACRO‐ECONOMIC LINKAGES TO AGRICULTURE: A GENERAL EQUILIBRIUM MODEL FOR SUDAN
构建了一个包含内生货币创造机制的一般均衡模型,分析苏丹宏观经济政策(如汇率调整和自由化)对农业的影响,发现财政与货币控制能增强政策效果。
Unfavourable macro‐economic conditions are often blamed for the failure of devaluation and liberalisation policies to correct the bias against agricultural exports in Sudan. A general equilibrium model, with an endogenous money creation mechanism, is constructed and econometrically estimated to analyse macro‐economic linkages to agriculture in Sudan. Stronger economic performance is achieved when exchange rate adjustments and liberalisation are supported with fiscal and monetary control and less indirect taxation.