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The world’s population is expected to reach 9 billion by 2050. Climate change, population, and income growth will drive food demand in the coming decades. Baseline scenarios show food prices for maize, rice, and wheat would significantly increase between 2005 and 2050, and the number of...
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In Indonesia production of food crops grew an impressive 4.3 percent a year between 1978 and 1988, largely as a result of favorable government pricing, research, and investment policies toward rice and other crops. In recent years, however, the high costs of subsidies to the government and the...
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In many previous rice trade models, the commodity has been regarded as a homogeneous product. However, homogeneity is not an appropriate assumption, given the various types of rice that are traded and consumed. Parameters estimated from these models, therefore, do not reflect the real world...
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