The welfare impact of policy interventions in the foodgrain markets in Bangladesh

Mohammad Alam, Jeroen Buysse, Ismat Begum, Eric Wailes and Guido Van Huylenbroeck

Journal of Economic Policy Reform, 2011, vol. 14, issue 3, 215-225

Abstract: The paper attempts to estimate the welfare impact of different policy interventions in the foodgrain markets in Bangladesh using an economic surplus approach. Over the period of analysis, 1980–2003, the loss in consumer surplus exceeded the gain in producer surplus plus the gain in government revenue. Therefore, the interventions resulted in a deadweight welfare loss for society. In contrast, in the policy of liberalization, the gain in consumer surplus and in government revenue is larger than the loss in producer surplus, producing a net welfare gain to society.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jecprf:v:14:y:2011:i:3:p:215-225

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DOI: 10.1080/17487870.2011.570092

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