Prices and Productivity in Agriculture

Developing countries have been found to tax agriculture heavily, which might affect the productivity of resources allocated to agriculture, as well as their quantity. A variable-coefficient cross-country agricultural production function is estimated, with past price expectations among the determinants of the production coefficients. Productivity is found to be responsive to those expectations, with the implication that had these developing economies eliminated their price interventions, agricultural productivity would have increased on average by about a third.


Issue Date:
Aug 04 1991
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/271209
Language:
English
Total Pages:
31




 Record created 2018-04-11, last modified 2020-10-28

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