IDEAS home Printed from https://ideas.repec.org/p/ags/iaaeo4/197396.html

Food Aid as a Development Tool: Colombia, 1950-80

Author

Listed:
  • Grigsby, S. Elaine
  • Simpson, James R.

Abstract

The US commodity export programme (CEP) provides subsidized credit to the importer (rather than subs1d1zed commodity prices) to alleviate foreign exchange and income problems on the part of the importer. In the case of Colombia, credit subs1d1es were such that the total cost of financed imports approximated the cash price. The impact of CEP subsidies on wheat import demand in Colombia was estimated. CEP credit increased demand for CEP and commercial imports. The cost of CEP financing behaved as a price vanable. CEP aid included providing credit subsidies and making available the revenues from the resale of commod1ties m the domestic market (net of loan repayment) that could then be used for econom1c development or other purposes.

Suggested Citation

  • Grigsby, S. Elaine & Simpson, James R., 1987. "Food Aid as a Development Tool: Colombia, 1950-80," 1987 Occasional Paper Series No. 4 197396, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaaeo4:197396
    DOI: 10.22004/ag.econ.197396
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/197396/files/agecon-occpapers-1987-021_1_.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.197396?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Philip C. Abbott, 1979. "Modeling International Grain Trade with Government Controlled Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 22-31.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gardiner, Walter H. & Dixit, Praveen M, 1987. "Price Elasticity of Export Demand: Concepts and Estimates," Foreign Agricultural Economic Report (FAER) 305286, United States Department of Agriculture, Economic Research Service.
    2. Mahama, Ramatu, 1985. "A stochastic simulation of the impact of price insulation policies on world wheat market stability," ISU General Staff Papers 198501010800008868, Iowa State University, Department of Economics.
    3. Rausser, Gordon C., 1985. "Macroeconomic environment for U.S. agricultural policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2561m38d, Department of Agricultural & Resource Economics, UC Berkeley.
    4. Freebain, John W. & Rausser, Gordon C. & de Gorter, Harry, 1981. "Government intervention and food price inflation," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9ch8f2xv, Department of Agricultural & Resource Economics, UC Berkeley.
    5. Abbott, Philip & Wu, Ce & Tarp, Finn, 2011. "Transmission of World Prices to the Domestic Market in Vietnam," MPRA Paper 84611, University Library of Munich, Germany.
    6. Grant MScobie & Alberto Valdés, 1982. "Modelación de Política Gubernamental: El Caso de las Importaciones de Alimentos, Políticas de Precios y la Balanza de Pagos en Egipto," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 19(58), pages 325-356.
    7. Dixit, Praveen M. & Martin, Marshall A., 1986. "Policymaking for U.S. Commodity Programs: A Case Study of the Coarse Grains Sector," Foreign Agricultural Economic Report (FAER) 147541, United States Department of Agriculture, Economic Research Service.
    8. Byerlee, Derek, 1983. "The Increasing Role of Wheat Consumption and Imports in the Developing World," Economics Working Papers 232448, CIMMYT: International Maize and Wheat Improvement Center.
    9. Surabhi Mittal, 2007. "OECD Agricultural Trade Reforms Impact On India's Prces and Producer's Welfare," Working Papers id:1072, eSocialSciences.
    10. Rauseer, Gordon C. & Zilberman, David & Just, Richard E., 1981. "The Distributional Impacts of Agricultural Programs," AAEA Miscellaneous Paper Archive 337331, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Song, Dae H. & Hallberg, Milton C., 1980. "An Economic Analysis Of Welfare Distribution .Among Trading Countries Under Alternative Market Inperfections," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278957, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Van der Sluis, Evert, 1988. "A nonlinear multicountry multicommodity spatial equilibrium model with an application," ISU General Staff Papers 1988010108000018153, Iowa State University, Department of Economics.
    13. Ahmadi-Esfahani, Fredoun Z., 2009. "Estimation of trade elasticities in the presence of trade barriers, multinationals and imperfect competition," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 1-8.
    14. Barrett, Christopher B., 2002. "Food Aid And Commercial International Food Trade," Working Papers 14742, Cornell University, Department of Applied Economics and Management.
    15. Ahmadi-Esfahani, Fredoun Z. & Anderson, Glenn Michael, 1999. "Trade Elasticities: The Significance of Trade Barriers, Multinationals and Market Structure," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 122328, Australian Agricultural and Resource Economics Society.
    16. Rastegari, Shida, 1982. "Feed grains imports and pricing in the European Economic Community," ISU General Staff Papers 198201010800008476, Iowa State University, Department of Economics.
    17. Liapis, Peter S., 1989. "Estimation and Evaluation of Economic Community Wheat Export Subsidies," Staff Reports 278253, United States Department of Agriculture, Economic Research Service.
    18. Mesfin Bezuneh & Brady Deaton & Segu Zuhair, 2003. "Food Aid Disincentives: the Tunisian Experience," Review of Development Economics, Wiley Blackwell, vol. 7(4), pages 609-621, November.
    19. Denbaly, Massoud Said Mark, 1984. "U. S. monetary policy and the exchange rate: effects on the world coarse grain market," ISU General Staff Papers 198401010800008753, Iowa State University, Department of Economics.
    20. Anania, Giovanni, 2003. "Gains from trade liberalization with imperfectly competitive world markets. A note," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 3(06), pages 1-15.

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iaaeo4:197396. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.