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Argentine Agricultural Policy in a Multiple-Input, Multiple-Output Framework

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  • Lilyan E. Fulginiti
  • Richard K. Perrin

Abstract

This study shows that government interventions in Argentine agriculture substantially reduced the growth rate of output 1940–80. A multiple product, multiple input, aggregate translog profit function is estimated. Supply elasticity estimates range from zero for linseed to 1.6 for sorghum. Estimates of intervention wedges together with the estimated structure imply that export taxes, import restrictions, and domestic taxes each in isolation could have reduced aggregate output by as much as 25%–30%. These and other interventions increased beef as a share of outputs and increased the cost shares of purchased inputs and labor at the expense of capital inputs.

Suggested Citation

  • Lilyan E. Fulginiti & Richard K. Perrin, 1990. "Argentine Agricultural Policy in a Multiple-Input, Multiple-Output Framework," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 279-288.
    • Handle: RePEc:oup:ajagec:v:72:y:1990:i:2:p:279-288.
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    1. Chatura Sewwandi Wijetunga, 2016. "Rice production structures in Sri Lanka: The normalized translog profit function approach," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 6(2), pages 21-35, February.
    2. Mateus De Carvalho Reis Neves & Mateus De Carvalho Reis Neves & Felipe De Figueiredo Silva & Carlos Otávio Freitas & Marcelo José Braga, 2018. "The Shadow Price Of Cooperative Membership On Agriculture In The Brazilian South And Southeast Regions," Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting] 191, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    3. De Camino, Ronnie, 1999. "Sustainable Forest Management in Latin America: Relevant Actors and Policies," IDB Publications (Working Papers) 2963, Inter-American Development Bank.
    4. Luca Tiberti & Marco Tiberti, 2015. "Rural Policies, Price Change and Poverty in Tanzania: An Agricultural Household Model-Based Assessment," Journal of African Economies, Centre for the Study of African Economies, vol. 24(2), pages 193-229.
    5. Neves, Mateus C R & Silva, Felipe & Freitas, Carlos Otávio & Braga, Marcelo J., 2017. "The impact of Cooperative Membership on farm income," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259196, Agricultural and Applied Economics Association.
    6. Wijetunga, Chatura Sewwandi, 2023. "Rice Production Structures in Sri Lanka: The Normalized Translog Profit Function Approach," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 6(02), January.
    7. Ronnie de Camino, 1999. "Sustainable Forest Management in Latin America: Relevant Actors and Policies," IDB Publications (Working Papers) 30498, Inter-American Development Bank.
    8. Urbiztondo, Santiago & Cristini, Marcela & Moskovits, Cynthia & Saiegh, Sebastián, 2009. "The Political Economy of Productivity in Argentina: Interpretation and Illustration," IDB Publications (Working Papers) 1119, Inter-American Development Bank.
    9. Shumway, C. Richard, 1995. "Recent Duality Contributions In Production Economics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(1), pages 1-17, July.
    10. Marcos Gallacher & Daniel Lema, 2014. "Argentine Agricultural Policy: Producer and Consumer Support. Estimates 2007-2012," CEMA Working Papers: Serie Documentos de Trabajo. 554, Universidad del CEMA.
    11. Lema, Daniel & Gallacher, Marcos, 2015. "Argentine Agricultural Policy: Economic Analysis and Impact Assessment Using the Producer Support Estimate (PSE) Approach," 2015 Conference, August 9-14, 2015, Milan, Italy 212040, International Association of Agricultural Economists.
    12. Carlos Otávio De Freitas & Felipe De Figueiredo Silva & Mateus De Carvalho Reis Neves & Marcelo José Braga, 2018. "Technical Assistance Support Effect On Brazilian Agricultural Performance," Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting] 188, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    13. Mohammed AL MAHISH, 2017. "The Impact Of Energy Subsidy On Nitrogen Fertilizer Producers In The Gcc," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(2), pages 99-118.
    14. Jaouad, Mohamed, 1994. "An agricultural policy and trade model for Morocco," ISU General Staff Papers 1994010108000011483, Iowa State University, Department of Economics.
    15. Ball, V. Eldon & Moss, Charles B. & Erickson, Kenneth W. & Nehring, Richard F., 2003. "Modeling Supply Response In A Multiproduct Framework Revisited: The Nexus Of Empirics And Economics," 2003 Annual meeting, July 27-30, Montreal, Canada 21981, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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