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The Sri Lanka Tea Industry: Economic Issues and Government Policies

Author

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  • Ganewatta, Gaminda
  • Edwards, Geoff W.

Abstract

In the slowly growing global tea market Lanka has not performed as well relative to its competitors in recent times as it did in the past. Sri Lanka needs to improve the efficiency of its industry to remain competitive in world tea market. Improving efficiency and international competitiveness in the Sri Lanka tea industry requires that the high costs of production, associated with low productivity, be reduced. Tea producers have the main responsibility for this. However, for improving efficiency and achieving international competitiveness, it is necessary that government policies for the tea industry are consistent with correction of market failures. This is not the case at present, with government policies for the tea industry directed partly to correcting market failures but more to achieving political goals.

Suggested Citation

  • Ganewatta, Gaminda & Edwards, Geoff W., 2000. "The Sri Lanka Tea Industry: Economic Issues and Government Policies," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123648, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare00:123648
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    File URL: http://ageconsearch.umn.edu/record/123648/files/Ganewatta.pdf
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    References listed on IDEAS

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    1. repec:cup:apsrev:v:68:y:1974:i:02:p:707-716_11 is not listed on IDEAS
    2. Swinnen, Jo & van der Zee, Frans A, 1993. "The Political Economy of Agricultural Policies: A Survey," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 20(3), pages 261-290.
    3. D. MacLaren, 1992. "The Political Economy Of Agricultural Policy Reform In The European Community And Australia," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(3), pages 424-439.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Agribusiness; Agricultural and Food Policy;

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