Advanced Search
MyIDEAS: Login to save this paper or follow this series

Wheat Markets and Price Stabilisation in Pakistan : An Analysis of Policy Options

Contents:

Author Info

  • Paul Dorosh

    (PIDE)

  • Abdul Salam

Abstract

This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales, and trade policies on wheat supply, demand, prices, and overall inflation. Analysis of price multipliers indicates that increases in wheat procurement prices (one means of promoting domestic procurement) have relatively small effects on overall price levels. Partial equilibrium analysis of wheat markets suggests that fluctuations in production, rather than market manipulation, are plausible explanations for price increases in recent years. Comparisons of domestic and international prices suggest that promoting private sector imports is one alternative for increasing supply and stabilising market prices, particularly in years of production shortfalls. Overall, this paper concludes that market forces play a dominant role in price determination in Pakistan, and that policies that promote the private sector wheat trade can both increase price stability and reduce fiscal costs.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.eaber.org/node/22188
Download Restriction: no

Bibliographic Info

Paper provided by East Asian Bureau of Economic Research in its series Microeconomics Working Papers with number 22188.

as in new window
Length:
Date of creation: Jan 2006
Date of revision:
Handle: RePEc:eab:microe:22188

Contact details of provider:
Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
Web page: http://www.eaber.org
More information through EDIRC

Related research

Keywords: wheat; procurement; sales; trade; price comparison;

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Siddiqui, Rizwana & Kemal, A R, 2006. "Poverty-reducing or Poverty-inducing? A CGE-based Analysis of Foreign Capital Inflows in Pakistan," MPRA Paper, University Library of Munich, Germany 2283, University Library of Munich, Germany.
  2. Dorosh, Paul A., 2001. "Trade Liberalization and National Food Security: Rice Trade between Bangladesh and India," World Development, Elsevier, Elsevier, vol. 29(4), pages 673-689, April.
  3. Dorosh, Paul & Vald├ęs, Alberto, 1990. "Effects of exchange rate and trade policies on agriculture in Pakistan:," Research reports, International Food Policy Research Institute (IFPRI) 84, International Food Policy Research Institute (IFPRI).
  4. Roland-Holst, David & Tarp, Finn, 2003. "Globalization, Economic Reform, and Structural Price Transmission: SAM Decomposition Techniques with an empirical application to Vietnam," MPRA Paper, University Library of Munich, Germany 29367, University Library of Munich, Germany.
  5. Paul Dorosh & Muhammad Khan Niazi & Hina Nazli, 2003. "Distributional Impacts of Agricultural Growth in Pakistan: A Multiplier Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, Pakistan Institute of Development Economics, vol. 42(3), pages 249-275.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Salam, Abdul, 2012. "Review of input and output policies for cereals production in Pakistan:," PSSP working papers, International Food Policy Research Institute (IFPRI) 6, International Food Policy Research Institute (IFPRI).
  2. Mariano, Marc Jim M. & Giesecke, James A., 2014. "The macroeconomic and food security implications of price interventions in the Philippine rice market," Economic Modelling, Elsevier, Elsevier, vol. 37(C), pages 350-361.
  3. Dorosh, Paul A. & Salam, Abdul, 2007. "Distortions to Agricultural Incentives in Pakistan," Agricultural Distortions Working Paper, World Bank 48482, World Bank.
  4. Anonymous, 2011. "Journal of International Agricultural Trade and Development, Volume 7, Issue 2," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 7(2).
  5. Salam, Abdul, 2012. "Review of input and output policies for cereals production in Pakistan:," IFPRI discussion papers, International Food Policy Research Institute (IFPRI) 1223, International Food Policy Research Institute (IFPRI).
  6. Paul Dorosh, 2009. "Price stabilization, international trade and national cereal stocks: world price shocks and policy response in South Asia," The Science, Sociology and Economics of Food Production and Access to Food, Springer, Springer, vol. 1(2), pages 137-149, June.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eab:microe:22188. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.