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Crop failure, price regulation, and emergency imports of Japan's rice sector in 1993

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  • Nobuhiro Hosoe

Abstract

In 1993, an extraordinarily cool summer in Japan brought about low rice yields, which caused considerable disturbances to the rice markets. Japan imported a large amount of rice as an emergency measure. Two controversies about Japan's rice policies were raised, particularly in that period. The first centred on the effectiveness of the price regulation policies in stabilizing rice prices and farmers' incomes. The second involved the newspapers' arguments that the emergency imports harmed other countries, especially developing countries. These controversies were examined with a world trade computable general equilibrium model.

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  • Nobuhiro Hosoe, 2004. "Crop failure, price regulation, and emergency imports of Japan's rice sector in 1993," Applied Economics, Taylor & Francis Journals, vol. 36(10), pages 1051-1056.
    • Handle: RePEc:taf:applec:v:36:y:2004:i:10:p:1051-1056
    DOI: 10.1080/0003684042000246768
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    References listed on IDEAS

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    1. Devaragan, Shantayanan & Lewis, Jeffrey D. & Robinson, Sherman, 1990. "Policy lessons from trade-focused, two-sector models," Journal of Policy Modeling, Elsevier, vol. 12(4), pages 625-657.
    2. Devarajan, Shantayanan & Lewis, Jeffrey & Robinson, Sherman, 1990. "Policy Lessons from Two-Sector Models," CUDARE Working Papers 198566, University of California, Berkeley, Department of Agricultural and Resource Economics.
    3. Gail L. Cramer & Eric J. Wailes & Shangnan Shui, 1993. "Impacts of Liberalizing Trade in the World Rice Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(1), pages 219-226.
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    1. Tanaka, Tetsuji & Hosoe, Nobuhiro, 2007. "Productivity Shock and National Food Security for Japan," Conference papers 331597, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Chun-Chu Liu, 2006. "A computable general equilibrium model of the southern region of Taiwan: the impact of the Tainan science-based industrial park," Applied Economics, Taylor & Francis Journals, vol. 38(14), pages 1655-1661.
    3. John, Adam, 2013. "Price relations between export and domestic rice markets in Thailand," Food Policy, Elsevier, vol. 42(C), pages 48-57.
    4. Tanaka, Tetsuji & Hosoe, Nobuhiro, 2011. "Does agricultural trade liberalization increase risks of supply-side uncertainty?: Effects of productivity shocks and export restrictions on welfare and food supply in Japan," Food Policy, Elsevier, vol. 36(3), pages 368-377, June.

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