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Rice Self-Sufficiency in Papua New Guinea

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  • Gibson, John

Abstract

Policy makers in Papua New Guinea want to increase rice self-sufficiency. Food security has been cited as a reason, because the recent fall in the world price for tree crops causes rice imports to make a larger call on scarce export earnings. Analysis of the long run trend in the terms of trade between rice and tree crops suggests that rice self-sufficiency will not produce a sensible allocation of resources. The falling relative price of rice makes it is more efficient to devote resources to expansion of exports, particularly cocoa and coffee, in order to import rice.

Suggested Citation

  • Gibson, John, 1994. "Rice Self-Sufficiency in Papua New Guinea," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 62(01), pages 1-15, April.
    • Handle: RePEc:ags:remaae:12404
    DOI: 10.22004/ag.econ.12404
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    References listed on IDEAS

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    5. Powell, Andrew, 1991. "Commodity and Developing Country Terms of Trade: What Does the Long Run Show?," Economic Journal, Royal Economic Society, vol. 101(409), pages 1485-1496, November.
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    Keywords

    Crop Production/Industries;

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