WELFARE EFFECTS OF REGULATION IN LESOTHO'S WHEAT MARKET

Present marketing of wheat in Lesotho distort and imposes a heavy tax on the Lesotho economy. It puts upward pressure on producer and consumer prices, which results in welfare losses to consumers -including the majority of rural and agricultural households who are deficit producers of this commodity. The winners from these policies are the relatively small number of surplus producers and the three industrial mills enjoying some monopoly powers. It is recommended that the Government of Lesotho liberalize Lesotho's wheat market.


Other Titles:
WELVMRTSEFFEKTE VAN REGULERJNG IN LESOTHO SE KORINGMARK
Issue Date:
1996-12
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/267993
ISSN:
0303-1853
Language:
English
Published in:
Agrekon, Volume 35, Issue 4
Page range:
291-296




 Record created 2018-02-07, last modified 2018-04-02

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)