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LEAST COST EFFICIENCY OF AGRICULTURAL PROGRAMS: AN EMPIRICAL INVESTIGATION

Klaus Salhofer (), Friedrich Schneider () and Gerhard Streicher ()

No 21565, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The study evaluates the efficiency of government intervention using a vertical structured model including imperfectly competitive agricultural input markets, the bread grains market, and the imperfectly competitive food industry. The actually observed policy is compared to a hypothetical optimal policy of the same policy instruments to test for policy efficiency.

Keywords: Agricultural and Food Policy; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 12
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21565

DOI: 10.22004/ag.econ.21565

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