Abstract
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.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 635-648 |
| Number of pages | 14 |
| Journal | Journal of Policy Modeling |
| Volume | 7 |
| Issue number | 4 |
| DOIs | |
| State | Published - Jan 1 1985 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities -
SDG 17 Partnerships for the Goals
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