The Total Picture

Paul Streeten

Chapter 7 in What Price Food?, 1987, pp 31-34 from Palgrave Macmillan

Abstract: Abstract Even taking producer and input prices together does not give us the whole incentive picture. Low producer prices are aggravated by open or concealed taxes or tariffs on the consumer goods bought by farmers. The total twist in the income terms of trade between agricultural and industrial producers is the result of depressed supply prices, high prices of consumer goods (mainly as a result of protection) and some selective subsidies to input prices.

Keywords: Consumer Good; Price Food; Input Price; International Prex; Total Picture (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18921-2_7

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DOI: 10.1007/978-1-349-18921-2_7

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