Second-best agricultural policy getting the price of the Thai rice right

Since full economic liberalization is not generally feasible, getting the prices of selected agricultural markets "right", involves optimal price distortions. A methodology is developed for calculating the second-best output price in a particular market by incorporating externalities, gove...

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Veröffentlicht in:Journal of development economics
1. Verfasser: Roumasset, James Alan (VerfasserIn)
Weitere Verfasser: Setboonsarng, Suthad (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1988
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Zusammenfassung:Since full economic liberalization is not generally feasible, getting the prices of selected agricultural markets "right", involves optimal price distortions. A methodology is developed for calculating the second-best output price in a particular market by incorporating externalities, government revenue constraints and distortions in other markets into the marginal social cost and benefit schedules for that market. (DSE)
Beschreibung:Graph. Darst
ISSN:0304-3878