Rice Self-Sufficiency in Papua New Guinea
Policy makers in Papua New Guinea want to increase rice self-sufficiency. Food security has been cited as a reason, because the recent fall in the world price for tree crops causes rice imports to make a larger call on scarce export earnings. Analysis of the long run trend in the terms of trade between rice and tree crops suggests that rice self-sufficiency will not produce a sensible allocation of resources. The falling relative price of rice makes it is more efficient to devote resources to expansion of exports, particularly cocoa and coffee, in order to import rice.
Volume (Year): 62 (1994)
Issue (Month): 01 (April)
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- Powell, Andrew, 1991.
"Commodity and Developing Country Terms of Trade: What Does the Long Run Show?,"
Royal Economic Society, vol. 101(409), pages 1485-96, November.
- Powell, A., 1989. "Commodity And Developing Country Terms Of Trade, What Does The Long Run Show?," Economics Series Working Papers 9980, University of Oxford, Department of Economics.
- Kym Anderson & Rod Tyers, 1988.
"Agricultural Protection Growth in Advanced and Newly Industrialized Countries,"
School of Economics Working Papers
1988-08, University of Adelaide, School of Economics.
- Anderson, Kym & Tyers, Rod, 1988. "Agricultural Protection Growth in Advanced and Newly Industrialized Countries," 1988 Conference, August 24-31, 1988, Buenos Aires, Argentina 183108, International Association of Agricultural Economists.
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