Government Behavior in Commodity Models Theoretical and Empirical Results

Paul Riethmuller and Terry Roe

No 278994, 1984 Annual Meeting, August 5-8, Ithaca, New York from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A strong case can be made for incorporating government into commodity analysis. Therefore, a government utility function with producer, consumer, and treasury interests as arguments is posited. From this, a model of Japan's wheat and rice industries (including equations from variables under government control) is developed and estimated.

Keywords: Crop Production/Industries; Production Economics (search for similar items in EconPapers)
Pages: 16
Date: 1984-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea84:278994

DOI: 10.22004/ag.econ.278994

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