Liberalization of Foodgrain Markets Implications for Food Security and Price Stability
AbstractThis paper explores through counterfactual simulations the effects of deregulating and liberalizing the foodgrain sector on the costs of price stabilization, production incentives and consumption levels. The outcomes under free trade with trade taxes are compared with those of a regime in which trade is canalized. Equilibrium output, stocks and prices of the three major foodgrains viz. rice, wheat and coarse cereals are determined simultaneously in a multi market set up.
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Bibliographic InfoPaper provided by Indira Gandhi Institute of Development Research- in its series Papers with number 132.
Length: 58 pages
Date of creation: 1996
Date of revision:
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Web page: http://www.igidr.ac.in/
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DEREGULATION ; PRICES ; TRADE LIBERALIZATION ; FOOD ; CEREALS;
Find related papers by JEL classification:
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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