INTERVENTIONS AND PRODUCTION SECTOR WASTE IN LDC AGRICULTURE

Lilyan Fulginiti and Richard Perrin

Journal of Agricultural and Resource Economics, 1994, vol. 19, issue 2, 10

Abstract: Recent studies have revealed that less developed countries (LDCs) have been taxing their agricultural sectors at rates of 40-50%. This study uses quantity-based general equilibrium measures of deadweight loss to evaluate the cost of these distortions in 18 of these countries. The Allais-Debreu loss measures indicate that from 7-16% of either output or of the agricultural resource base has been wasted due to the associated misallocation of agricultural inputs across these countries.

Keywords: Production; Economics (search for similar items in EconPapers)
Date: 1994
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https://ageconsearch.umn.edu/record/30755/files/19020327.pdf (application/pdf)

Related works:
Working Paper: Interventions and Production Sector Waste in Ldc Agriculture (1994)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:30755

DOI: 10.22004/ag.econ.30755

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