TY - JOUR
T1 - Simulating alternative foodgrain price and trade policies
T2 - An application for the Dominican Republic
AU - Roe, Terry
AU - Senauer, Ben
PY - 1985/1/1
Y1 - 1985/1/1
N2 - Self-sufficiency and free trade are two of the most frequently advocated foodgrain policies. This paper presents a methodology for simulating the impact of thse two policy alternatives on a country's production, consumption, farm price, retail price and trade of a staple foodgrain. Simple formulas are also derived for estimating the effect of different policies on consumer and producer welfare. A simulation of the two policy alternatives is conducted for the case of rice in the Dominican Republic.
AB - Self-sufficiency and free trade are two of the most frequently advocated foodgrain policies. This paper presents a methodology for simulating the impact of thse two policy alternatives on a country's production, consumption, farm price, retail price and trade of a staple foodgrain. Simple formulas are also derived for estimating the effect of different policies on consumer and producer welfare. A simulation of the two policy alternatives is conducted for the case of rice in the Dominican Republic.
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U2 - 10.1016/0161-8938(85)90020-1
DO - 10.1016/0161-8938(85)90020-1
M3 - Article
AN - SCOPUS:34248687051
SN - 0161-8938
VL - 7
SP - 635
EP - 648
JO - Journal of Policy Modeling
JF - Journal of Policy Modeling
IS - 4
ER -