Date of Award:

5-1972

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Economics and Finance

Department name when degree awarded

Economics

Committee Chair(s)

Herbert Fullerton

Committee

Herbert Fullerton

Committee

Allen LeBaron

Committee

Marcello Peinado

Abstract

The primary objective of this study was to set development policies applicable for the high Andean valleys of Tuñame and Burbusay (Venezuela); and secondly to develop a quick and inexpensive way to assess development prospects of high Andean valleys similar to the ones studied here.

The methodology employed was to classify various agricultural regions with specific development phases using the Thorbecke's classification and policy scheme. Production functions were estimated, fitted and analyzed to determine the parameters pertinent to such a classification for the two valleys where data was available.

The analyses and classifications permitted a limited enumeration of policies for the valleys that could logically be expected to bring economic development. However, the study fell short of devising a quick and inexpensive method to assess developmental prospects of similar areas, which would not require some additional data collection and further refinement of the evaluation methodology.

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