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Rice Policy in Japan's Economic Development

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  • Yujiro Hayami

Abstract

Until only a decade ago, Japan's rice policy had been primarily designed to procure "cheap" rice for the industrial population from domestic and colonial producers. For the promotion of industrialization and economic growth the price of rice, the principal wage good, had been kept low to prevent the rise in the wage rate of urban industrial workers. The shift from the traditional cheap rice policy to a recent policy of high price supports is due to the decline in the role of rice as a wage good. The rapid rise in per capita income and the dramatic transformation of Japan's industrial structure contributed to the policy change.

Suggested Citation

  • Yujiro Hayami, 1972. "Rice Policy in Japan's Economic Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 19-31.
    • Handle: RePEc:oup:ajagec:v:54:y:1972:i:1:p:19-31.
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    File URL: http://hdl.handle.net/10.2307/1237730
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    Cited by:

    1. Jabara, Cathy L., 1981. "Interaction Of Japanese Rice And Wheat Policy And The Impact On Trade," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-7, December.
    2. Grabowski, Richard & Self, Sharmistha, 2016. "Staple food price instability and structural change: Indonesian experience," Journal of Asian Economics, Elsevier, vol. 47(C), pages 35-44.
    3. Gautam, Virender, 1992. "Identification of patterns of producer and consumer protection levels in food commodities: a cross-country, aggregate and commodity-specific analysis," ISU General Staff Papers 1992010108000017588, Iowa State University, Department of Economics.

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