Market interventions, international price stabilization, and welfare implications
1992
Tēvatās, Cā
The welfare effects of price stabilization are quantified under free trade and under distortionary policies when an exporting country protects domestic producers with price supports, an importing country pursues a price-fixing policy, and a second importing country follows a free trade policy. Results show that distortionary interventions cause greater world price variability. World gains from international price stabilization through a costless buffer stock scheme are higher under distortionary trade than under free trade.
显示更多 [+] 显示较少 [-]AGROVOC关键词
书目信息
American journal of agricultural economics
卷
74
期
2
页码
281
- 290
ISSN
0002-9092
其它主题
Intervention; Restricted trade; Agricultural subsidies; Distortion; Trade policy
语言
英语
类型
Journal Article; Text
2024-02-28
MODS