Price Support versus Input Subsidy for Food Self‐Sufficiency in Developing Countries
作者:
Randolph Barker,
Yujiro Hayami,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1976)
卷期:
Volume 58,
issue 4_Part_1
页码: 617-628
ISSN:0002-9092
年代: 1976
DOI:10.2307/1238804
出版商: Oxford University Press
数据来源: WILEY
摘要:
AbstractSelf‐sufficiency in food grains has been a publicized goal of government policy in many developing countries. Among various alternatives to achieve this goal, two policy options, output price support and input subsidy, both characterized by the government intervention into market pricing, are evaluated by applying a simple demand‐supply model to the Philippine rice economy. The results demonstrate a possibility that a subsidy applied to modern inputs, such as fertilizer, that are being used below optimum can be more beneficial than supporting product prices.
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