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"For decades the world's agricultural markets have been highly distorted by national government policies, but very … restrictiveness indexes. It then exploits a global agricultural distortions database recently compiled by the World Bank to generate … a sample of 75 countries that together account for more than three-quarters of the world's production of those …
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"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional … sector policies are generated without a formal model of global markets or even price elasticity estimates. "--World Bank web …
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Restricting cross-border trade through export bans in an attempt to stabilize domestic prices has been a particularly popular policy tool used by many sub-Saharan countries in recent years. However, little is known about how the variability in harvests and seasonality - two critical dimensions...
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