New agricultural model revolutionizes market equilibrium for resource employment in Egypt.
The article discusses a new way to model agricultural supply in economic models. Instead of assuming smooth substitution of resources, the researchers use a mixed-complementarity (MC) approach. This means they include both equalities and inequalities in the model, with certain conditions on variables. By applying this approach to a model of Egypt's economy, they found that it better captures the complexities of agricultural markets and factors.
