Agricultural Pricing Policies in Developing Countries: An Application to Pakistan

David Coady ()

International Tax and Public Finance, 1997, vol. 4, issue 1, 39-57

Abstract: The range of and constraints on policy instruments available to thegovernment when raising and distributing revenue can have importantconsequences for the efficiency and equity implications of pricingpolicy. The usual trade-off between equity and efficiency ismagnified. We emphasize the potential for substantial efficiency gainsfrom reforming agricultural pricing policies and from developing moredirect income transfer mechanisms. The importance of incorporatingcross-price effects is highlighted and we show that these can changethe direction of welfare-improving marginal price reforms. Copyright Kluwer Academic Publishers 1997

Keywords: Agriculture; pricing; reform; cross-price effects (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1023/A:1008648330831

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