Two-Season Subsistence Farming, Urban Food Subsidies and Optimal Agricultural Policy

Robert Innes ()

Oxford Economic Papers, 1993, vol. 45, issue 4, 668-90

Abstract: This paper extends the household production literature by developing and analyzing a two-season model of subsistence farm choices wherein the two seasons correspond to times of planting and harvest. Qualitative properties of optimal farm production and storage choices are characterized. In addition, given a government policy of subsidizing urban grain consumption, the government's problem of choosing an optimal (welfare-maximizing) agricultural policy is developed. Under plausible conditions, the optimal policy takes a form that is often observed in developing countries, namely, farm output prices set below relevant international levels and price subsidies provided to farm inputs in both grain production and storage. Copyright 1993 by Royal Economic Society.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://links.jstor.org/sici?sici=0030-7653%2819931 ... 0.CO%3B2-3&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:oxecpp:v:45:y:1993:i:4:p:668-90

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Oxford Economic Papers is currently edited by James Forder and Francis J. Teal

More articles in Oxford Economic Papers from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().