Kozicka, Marta; Kalkuhl, Matthias; Saini, Shweta; … - 2015
several market distortions and mounting fiscal costs. Wheat and rice supply strongly and significantly respond to the minimum … support price (MSP). Wholesale prices at planting or lagged harvest time prices are largely irrelevant for production. The … wheat, the influence of subsidised wheat is much less pronounced, probably due to weaker functioning of the PDS for this …