This paper examines the effects of government interventions during 1965-91 on short-run price stability and long-run price incentives, as well as the further repercussions on producer income and welfare, for the main agricultural export crop (cotton) in Egypt. In contrast to most existing...

In most developing countries, especially in sub-Saharan Africa, prices received by fanners are not optimal in the sense that they do not optimize government revenues. In this paper a dynamic model for optimal pricing of primary commodities is developed. The model and results demonstrate that...

In the context of (a) stability in domestic maize production, (b) a significant divergence between import and export parity prices for maize, and (c) random variability in world maize prices, Eastern and Southern African governments have for many years attempted to reduce the instability in...