The Political Economy of Agricultural Market Reforms in Developing Countries
AbstractWe study the determinants of agricultural market reforms in developing countries. What prompted the governments in these countries to abruptly begin deregulating their agricultural markets in the late 1980's? We answer this question by constructing a completely new dataset based on agricultural market regulations in 88 developing countries from 1960 to 2003. Our results suggest that the sudden and strong decline in the international price of agricultural commodities played a crucial role in destabilizing the financial equilibrium of marketing boards. In addition, changes in the rural representation in the political arena and government ideology also played significant roles in breaking up the status quo.
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Bibliographic InfoArticle provided by De Gruyter in its journal The B.E. Journal of Economic Analysis & Policy.
Volume (Year): 9 (2009)
Issue (Month): 1 (August)
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Web page: http://www.degruyter.com
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- Claire Delpeuch & Antoine Leblois, 2011. "Sub-Saharan African Cotton Policies in Retrospect," Working Papers hal-00866412, HAL.
- Filippo Belloc & Antonio Nicita, 2010.
"Partisan Liberalizations. A New Puzzle from OECD Network Industries?,"
Department of Economics University of Siena
588, Department of Economics, University of Siena.
- FILIPPO BELLOC and ANTONIO NICITA, 2010. "Partisan Liberalizations. A New Puzzle from OECD Network Industries?," RSCAS Working Papers 2010/28, European University Institute.
- Claire Delpeuch & Antoine Leblois, 2011. "Sub-Saharan African Cotton Policies in Retrospect," CIRED Working Papers hal-00866412, HAL.
- Filippo Belloc & Antonio Nicita, 2011. "The political determinants of liberalization: do ideological cleavages still matter?," International Review of Economics, Springer, vol. 58(2), pages 121-145, June.
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