Agricultural Price Policy : : A Practitioner's Guide to Partial-Equilibrium Analysis / / Isabelle Tsakok.

• Superior document: Title is part of eBook package: De Gruyter Cornell University Press Archive Pre-2000
• VerfasserIn: Tsakok, Isabelle,
• Place / Publishing House: Ithaca, NY : : Cornell University Press, , [2019]; ©1990
• Year of Publication: 2019
• Language: English
• Physical Description: 1 online resource (344 p.) :; 93 tables, charts, and graphs

Many governments of developing countries burdened with international debt are under ever-increasing pressure to use their scarce economic resources wisely. Faced with slow progress in alleviating poverty and stimulating economic growth, they especially need to end wasteful subsidies and revise inefficient tax policies. This book will help staff members of government planning agencies and ministries of finance and agriculture to analyze the effects of government policies on the production, consumption, and export of agricultural commodities.The analytical techniques that Isabelle Tsakok demonstrates in this book are the essential first step in reforming agricultural price policy to bring about a more efficient allocation of resources. After mastering the techniques of single-market, partial-equilibrium analysis, which are the book's focus, policy analysts can use the techniques to identify when more sophisticated methods, such as multi-market analysis and computable general-equilibrium models, are needed to determine what agricultural price policies are "right."Tsakok begins with graphical analysis and data requirements in order to build intuitive understanding, and progresses through steadily more complex techniques, demonstrating—step by step—the calculation of domestic resource costs, effective rates of protection, and related coefficients of protection. Providing a wide range of numerical real-world examples to illustrate the practical application of the partial-equilibrium framework, Agricultural Price Policy is an invaluable reference manual and teaching tool.

Table of Contents

Frontmatter -- Contents -- Foreword -- Preface -- CHAPTER 1. Issues in the Analysis of Agricultural Price Policy -- CHAPTER 2. Initial Analysis of Agricultural Price Policy -- CHAPTER 3. Coefficients of Protection -- CHAPTER 4. Coefficients of Comparative Advantage -- CHAPTER 5. Market Analysis: Getting Started -- CHAPTER 6. Single-Market Analysis: Calculating the Impact of Price Policy -- APPENDIX A -- APPENDIX B. The "Large" Country Case -- APPENDIX C. Computing Protection Coefficients and Selected Policy Consequences Using Spreadsheet Methodology on a Personal Computer -- APPENDIX D. Econometric Estimates for Use in Agricultural Analysis -- APPENDIX E. Calculating the Efficiency, Welfare, and Revenue Effects of Price Policies: Single-Market Analysis -- APPENDIX F. Price Indexes in Agricultural Price Analysis: A Note on Their Interpretation -- APPENDIX G. The Purchasing Power Parity Approach to Estimating the Equilibrium Exchange Rate -- Bibliography -- Index