INTERVENTIONS AND PRODUCTION SECTOR WASTE IN LDC AGRICULTURE

Recent studies have revealed that less developed countries (LDCs) have been taxing their agricultural sectors at rates of 40-50%. This study uses quantity-based general equilibrium measures of deadweight loss to evaluate the cost of these distortions in 18 of these countries. The Allais-Debreu loss measures indicate that from 7-16% of either output or of the agricultural resource base has been wasted due to the associated misallocation of agricultural inputs across these countries.


Issue Date:
1994-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30755
Published in:
Journal of Agricultural and Resource Economics, Volume 19, Number 2
Page range:
327-336
Total Pages:
10




 Record created 2017-04-01, last modified 2017-08-24

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