THE PATTERN OF AGRICULTURAL PRICE DISTORTIONS IN CENTRAL AND EASTERN EUROPE, AN UPDATE: 1990-1995

Nominal and adjusted protection rates for nine agricultural commodities in seven Central European and three Baltic states are estimated for the transition period 1990-1995. Our estimates indicate that agricultural and food price distortions differ strongly between Central and East European countries, between commodities, and varied over time. The average level of price distortions decreased in 1991 and 1992 after price and trade liberalization, but increased again in 1993 as many of these countries re-introduced protectionist price and trade policy measures. Since 1994, the average level of price distortions has declined again. Accounting for exchange rate policy effects further reduces estimates of protection of agricultural producers.


Issue Date:
1996
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/31874
Total Pages:
20
Series Statement:
Working Paper No.2




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

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