Impacts of agricultural price support policies on price variability and welfare: evidence from China’s soybean market
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.288334
Download full text from publisher
Other versions of this item:
- Wenting Wang & Longbao Wei, 2019. "Impacts of Agricultural Price Support Policies on Price Variability and Welfare: Evidence from China's Soybean Market," Center for Agricultural and Rural Development (CARD) Publications 19-wp592, Center for Agricultural and Rural Development (CARD) at Iowa State University.
References listed on IDEAS
- Xinshen Diao & Adam Kennedy, 2016. "Economywide Impact of Maize Export Bans on Agricultural Growth and Household Welfare in Tanzania: A Dynamic Computable General Equilibrium Model Analysis," Development Policy Review, Overseas Development Institute, vol. 34(1), pages 101-134, January.
- Stanley R. Thompson & Roland Herrmann & Wolfgang Gohout, 2000. "Agricultural Market Liberalization and Instability of Domestic Agricultural Markets: The Case of the CAP," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 718-726.
- Andrew Schmitz & Troy G. Schmitz & Frederick Rossi, 2006. "Agricultural Subsidies in Developed Countries: Impact on Global Welfare," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(3), pages 416-425.
- Will Martin & Kym Anderson, 2012.
"Export Restrictions and Price Insulation During Commodity Price Booms,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(2), pages 422-427.
- Anderson, Kym & Martin, Will, 2011. "Export Restrictions and Price Insulation During Commodity Price Booms," CEPR Discussion Papers 8494, C.E.P.R. Discussion Papers.
- Martin, Will & Anderson, Kym, 2011. "Export restrictions and price insulation during commodity price booms," Policy Research Working Paper Series 5645, The World Bank.
- Wusheng Yu & Hans G. Jensen, 2010.
"China’s Agricultural Policy Transition: Impacts of Recent Reforms and Future Scenarios,"
Journal of Agricultural Economics, Wiley Blackwell, vol. 61(2), pages 343-368, June.
- Yu, Wusheng & Jensen, Hans Grinsted, 2009. "China’s Agricultural Policy Transition: Impacts of Recent Reforms and Future Scenarios," 2009 Conference, August 16-22, 2009, Beijing, China 51682, International Association of Agricultural Economists.
- Porteous, Obie, 2017. "Empirical effects of short-term export bans: The case of African maize," Food Policy, Elsevier, vol. 71(C), pages 17-26.
- Bollerslev, Tim, 1986.
"Generalized autoregressive conditional heteroskedasticity,"
Journal of Econometrics, Elsevier, vol. 31(3), pages 307-327, April.
- Tim Bollerslev, 1986. "Generalized autoregressive conditional heteroskedasticity," EERI Research Paper Series EERI RP 1986/01, Economics and Econometrics Research Institute (EERI), Brussels.
- D. Gale Johnson, 1975.
"World Agriculture, Commodity Policy, and Price Variability,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(5), pages 823-828.
- Johnson, D. Gale, 1975. "World Agriculture, Commodity Policy And Price Variability," 1975 Annual Meeting, August 10-13, Columbus, Ohio 284047, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Won W. Koo & P. Lynn Kennedy, 2006. "The Impact of Agricultural Subsidies on Global Welfare," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(5), pages 1219-1226.
- Zhong, Funing & Zhu, Jing, 2017. "Food Security in China from a Global Perspective," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 32(2), June.
- Alexander H. Sarris & John Freebairn, 1983. "Endogenous Price Policies and International Wheat Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 214-224.
- Götz, Linde & Glauben, Thomas & Brümmer, Bernhard, 2013. "Wheat export restrictions and domestic market effects in Russia and Ukraine during the food crisis," Food Policy, Elsevier, vol. 38(C), pages 214-226.
- Colman, David, 1985. "Imperfect Transmission of Policy Prices," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 12(3), pages 171-186.
- Larue, Bruno & Ker, Alan, 1993. "World Price Variability versus Protectionism in Agriculture: A Causality Analysis," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 342-346, May.
- Mary Bohman & Colin A. Carter & Jeffrey H. Dorfman, 1991. "The Welfare Effects of Targeted Export Subsidies: A General Equilibrium Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 693-702.
- Colin A. Carter & Funing Zhong & Jing Zhu, 2012.
"Advances in Chinese Agriculture and its Global Implications,"
Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 34(1), pages 1-36.
- Colin A. Carter & Funing Zhong & Jing Zhu, 2012. "Advances in Chinese Agriculture and its Global Implications," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 34(1), pages 1-36.
- Andrew Schmitz & Troy G. Schmitz & Frederick Rossi, 2006. "Agricultural Subsidies in Developed Countries: Impact on Global Welfare ," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(3), pages 416-425.
- A. C. Zwart & K. D. Meilke, 1979. "The Influence of Domestic Pricing Policies and Buffer Stocks on Price Stability in the World Wheat Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(3), pages 434-447.
- Jikun Huang & Jun Yang & Scott Rozelle, 2010. "China's agriculture: drivers of change and implications for China and the rest of world," Agricultural Economics, International Association of Agricultural Economists, vol. 41(s1), pages 47-55, November.
- Huang, Jikun & Wang, Xiaobing & Rozelle, Scott, 2013. "The subsidization of farming households in China’s agriculture," Food Policy, Elsevier, vol. 41(C), pages 124-132.
- Michael J. Roberts & Wolfram Schlenker, 2013.
"Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate,"
American Economic Review, American Economic Association, vol. 103(6), pages 2265-2295, October.
- Michael J. Roberts & Wolfram Schlenker, 2010. "Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate," NBER Working Papers 15921, National Bureau of Economic Research, Inc.
- Houthakker, Hendrik S & Magee, Stephen P, 1969. "Income and Price Elasticities in World Trade," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 111-125, May.
- Engle, Robert F, 1982. "Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation," Econometrica, Econometric Society, vol. 50(4), pages 987-1007, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jin, Yan & Gardebroek, Cornelis & Heerink, Nico, 2021. "Price Responsiveness of Rice Farmers and the Probability of Effective Grain Support Policies in China," 2021 Conference, August 17-31, 2021, Virtual 315097, International Association of Agricultural Economists.
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.- Wenting Wang & Longbao Wei, 2021. "Impacts of agricultural price support policy on price variability and welfare: Evidence from China's soybean market," Agricultural Economics, International Association of Agricultural Economists, vol. 52(1), pages 3-17, January.
- Wang, W. & Wei, L., 2018. "China s Agricultural Price Control Policy and its Price and Welfare Implications: The Case of Soybean," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277342, International Association of Agricultural Economists.
- Berger, Jurij & Dalheimer, Bernhard & Brümmer, Bernhard, 2021.
"Effects of variable EU import levies on corn price volatility,"
Food Policy, Elsevier, vol. 102(C).
- Berger, Jurij & Dalheimer, Bernhard & Bruemmer, Bernhard, 2019. "The Effect of Variable EU Import Levies on Corn Price Volatility," 2019 Annual Meeting, July 21-23, Atlanta, Georgia 290922, Agricultural and Applied Economics Association.
- Kym Anderson, 2021. "Food policy in a more volatile climate and trade environment," Departmental Working Papers 2021-25, The Australian National University, Arndt-Corden Department of Economics.
- Maximilian Koppenberg & Martina Bozzola & Tobias Dalhaus & Stefan Hirsch, 2021. "Mapping potential implications of temporary COVID‐19 export bans for the food supply in importing countries using precrisis trade flows," Agribusiness, John Wiley & Sons, Ltd., vol. 37(1), pages 25-43, January.
- Porteous, Obie, 2017. "Empirical effects of short-term export bans: The case of African maize," Food Policy, Elsevier, vol. 71(C), pages 17-26.
- Anderson, Kym, 2022.
"Trade-related food policies in a more volatile climate and trade environment,"
Food Policy, Elsevier, vol. 109(C).
- Anderson, Kym, 2022. "Trade-related Food Policies in a More Volatile Climate and Trade Environment," CEPR Discussion Papers 17124, C.E.P.R. Discussion Papers.
- 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.
- Ahmed, Mansur & Goodwin, Barry, 2015. "Copula-Based Modeling of Dependence Structure among International Food Grain Markets," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 206059, Agricultural and Applied Economics Association.
- Rosero, Gabriel & Jaghdani, Tinoush Jamali & Brümmer, Bernhard, 2021. "Unravelling complex market relationships. A study on the price volatility of Brazilian pork using a DCC-MGARCH approach," 95th Annual Conference, March 29-30, 2021, Warwick, UK (Hybrid) 311090, Agricultural Economics Society - AES.
- Rose, Roger, 1987. "A perspective on recent developments in the world wheat market," Agricultural Outlook Forum Archive 1923 - 1997 326419, United States Department of Agriculture, Agricultural Outlook Forum.
- Kym Anderson, 2023.
"Agriculture's globalization: Endowments, technologies, tastes and policies,"
Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1314-1352, September.
- Kym Anderson, 2021. "Agriculture’s globalization: Endowments, technologies, tastes and policies," Departmental Working Papers 2021-26, The Australian National University, Arndt-Corden Department of Economics.
- Sumudu W. Watugala, 2015. "Economic Uncertainty and Commodity Futures Volatility," Working Papers 15-14, Office of Financial Research, US Department of the Treasury.
- Tian, Qing & Holland, John H. & Brown, Daniel G., 2016. "Social and economic impacts of subsidy policies on rural development in the Poyang Lake Region, China: Insights from an agent-based model," Agricultural Systems, Elsevier, vol. 148(C), pages 12-27.
- Dalheimer, Bernhard & Brümmer, Bernhard & Jaghdani, Tinoush Jamali, 2017. "Impacts of Export Restrictions on Food Price Volatility: Evidence from VAR-X and EGARCH-X Models," 57th Annual Conference, Weihenstephan, Germany, September 13-15, 2017 262151, German Association of Agricultural Economists (GEWISOLA).
- Chen, You-hua & Chen, Mei-xia & Mishra, Ashok K., 2020. "Subsidies under uncertainty: Modeling of input- and output-oriented policies," Economic Modelling, Elsevier, vol. 85(C), pages 39-56.
- Sukar, Abdul-Hamid & Hassan, Seid, 2001. "US exports and time-varying volatility of real exchange rate," Global Finance Journal, Elsevier, vol. 12(1), pages 109-119.
- Tianxiang Li & Tomas Baležentis & Lijuan Cao & Jing Zhu & Irena Kriščiukaitienė & Rasa Melnikienė, 2016. "Are the Changes in China’s Grain Production Sustainable: Extensive and Intensive Development by the LMDI Approach," Sustainability, MDPI, vol. 8(12), pages 1-24, November.
- Phillip A. Cartwright & Natalija Riabko, 2016. "Further evidence on the explanatory power of spot food and energy commodities market prices for futures prices," Review of Quantitative Finance and Accounting, Springer, vol. 47(3), pages 579-605, October.
- Sumudu W. Watugala, 2019. "Economic uncertainty, trading activity, and commodity futures volatility," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 39(8), pages 921-945, August.
More about this item
Keywords
Agricultural and Food Policy; International Relations/Trade;NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2019-05-20 (Business Economics)
- NEP-CNA-2019-05-20 (China)
- NEP-INT-2019-05-20 (International Trade)
- NEP-TRA-2019-05-20 (Transition Economics)
Statistics
Access and download statisticsCorrections
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:aaea19:288334. 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/aaeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.