Evaluation of the impact of price regulation on fruit and vegetable marketing in Jordan
1990
Quezada, N.A. | Brown, L.C. | Franklin, R.L. | Sattar, A.A.
In order to better understand the price intervention mechanism, the researchers were interested in knowing the details of its operation and the extent of its effectiveness and its impact on producers, wholesalers, retailers and consumers. The purpose of this paper is to view each of these criteria in turn and to make recommendations on ways to improve the efficiency of the marketing system for fruits and vegetables in Jordan. The four sections of this paper describe operations of the wholesale price discovery mechanism, the procedure to fix the retail prices for fruits and vegetables, including a statistical analysis of the relationship between wholesale and retail prices, and a description of the role of the Agricultural Marketing Organization in marketing regulations. Furthermore, the study evaluates the impacts of the price control program on prices and exports. The paper also evaluates the economic justification and effectiveness of the price control mechanism, and finally presents a series of conclusions and recommendations resulting from the study
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