Relative Cost-Effectiveness Of Input And Output Subsidies
A subsidy on a single input is compared with an output subsidy as a means of stimulating output, and the conditions under which the single input subsidy is (a) more treasury cost-effective and (b) overall the more socially efficient measure, are explored. Rationalisations for input subsidies, particularly fertiliser subsidies, are examined in the light of the results.
Volume (Year): 26 (1982)
Issue (Month): 01 (April)
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- R.G. Mauldon, 1967. "Bounties For Fertilizers," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 11(2), pages 133-143, December.
- Randolph Barker & Yujiro Hayami, 1976. "Price Support versus Input Subsidy for Food Self-Sufficiency in Developing Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(4_Part_1), pages 617-628.
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