How to analyze the Brazilian price band proposals

A. Braverman, R. Kanbur, A. S.P. Brandao, J. Hammer, M. De Rezende Lopes, A. Tan

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Scopus citations

Abstract

One of the major concerns in developing countries is the instability of prices of key agricultural commodities. This chapter modifies a methodology developed by Newbery and Stiglitz to study the costs and benefits of the Brazilian price band proposals for rice. The analysis suggests two general conclusions: a) the welfare gains from price stabilization are unlikely to be large relative to the efficiency gains from price reform, and b) multimarket interactions do not have quantitatively significant effects on the assessment of the impact of the band proposals on the variability of prices. -from Authors

Original languageEnglish
Title of host publicationThe economics of rural organization
Subtitle of host publicationtheory, practice, and policy
PublisherOxford University Press, for World Bank
Pages436-452
Number of pages17
ISBN (Print)0195208889
StatePublished - 1 Jan 1993

ASJC Scopus subject areas

  • General Environmental Science
  • General Earth and Planetary Sciences

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