GTAP Resources: Resource Display
| GTAP Resource #7852 |
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"Macroeconomic and Welfare Effects of Livestock Sector Interventions in India: A CGE Approach" Authors: Chopra, Shruti, Keerthika B, Barun Deb Pal and Ajmani Manmeet Abstract Livestock and dairy sectors play a crucial role in India’s agrarian economy by contributing to agricultural GDP, generating rural employment, enhancing nutritional security, and providing income diversification for smallholder households. In recent years, livestock-sector interventions have gained prominence in policy discourse aimed at addressing rural poverty, food security, and sustainability. However, their economy-wide macroeconomic and welfare implications remain inadequately explored. This study addresses this gap using a single-country Computable General Equilibrium (CGE) model to evaluate the impacts of key livestock and dairy sector interventions in India. A static CGE framework is calibrated using a detailed Social Accounting Matrix (SAM) 2019, with explicit representation of dairy production, feed sectors, households, government, and external trade. The model, implemented in GAMS, captures strong interlinkages between dairy, agriculture, agro-processing, and services. Three policy simulations are examined: feed and production support, productivity enhancement across the dairy value chain, and quality infrastructure with trade reforms. Results reveal that dairy-focused interventions generate positive macroeconomic and welfare outcomes, with stronger impacts observed as policies shift from isolated production support to integrated value-chain and trade-oriented reforms. Real GDP, household incomes, and dairy output increase across all scenarios, while reduced production and trade costs enhance competitiveness and stimulate domestic consumption and exports. Welfare gains are particularly pronounced for rural farm households, underscoring the sector’s role in promoting inclusive growth. The findings highlight the importance of coordinated livestock policy packages in fostering sustainable and broad-based economic development in India. |
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- Sustainable development - Trade and the environment - Agricultural policies - Food prices and food security - Infrastructure - Baseline development - Partial and general equilibrium models - Software and modeling tools - Asia (South-Central) |
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Last Modified: 4/30/2026 12:56:16 PM
