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Despite reforms over the past quarter-century, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as the nominal rate of assistance and consumer tax equivalent provide measures of the degree of intervention, but they...
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"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
Persistent link: https://www.econbiz.de/10003821253
Persistent link: https://www.econbiz.de/10003871157
"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
Persistent link: https://www.econbiz.de/10011394159
Persistent link: https://www.econbiz.de/10003975743
Despite reforms over the past quarter-century, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions such as the nominal rate of assistance and consumer tax equivalent provide measures of the degree of intervention, but they...
Persistent link: https://www.econbiz.de/10012569975
For decades, agricultural price and trade policies in Sub-Saharan Africa hampered farmers' contributions to economic growth and poverty reduction. This paper draws on a modification of so-called trade restrictiveness indexes to provide theoretically precise partial-equilibrium indicators of the...
Persistent link: https://www.econbiz.de/10012562905