Can someone help me understand the various macroeconomic models that can be used when analyzing the effects of trade policy reform(under Structural Adjustment Program) on the agricultural labor?
Your help will be highly appreciated
Trade reforms that set out to protect agriculture sector like in case of European Union may include the role of subsidized technology. However for developing countries the South South trade models are more relevant to get effects of trade reforms on agricultural labor. South South trade models suggest that labor intensive trade between two developing countries may favor the agricultural labor.
Paul: A Structural Adjustment Program is a loan, usually from the IMF or The World Bank, during a time of economic downturn or crisis. Below is an interesting study from Zambia in 2015. It is only one study from one country, but it relates to your question and may give you some insight.
https://www.povertyactionlab.org/evaluation/impact-food-and-cash-loans-smallholder-farmers-zambia
http://ftp.iza.org/dp8657.pdf
A maceoeconomic modelling must take into account major events that has effected the data, for example, the Plaza Accord of September(1985), the Lourve Accord(1987, Q1), the Asian Finacial Crisis(1999) and the Global Finaxial Crisis(2007 to 2009).
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