The value and Cost of Information

W. L. Nieuwoudt

No 197123, 1981 Occasional Paper Series No. 2 from International Association of Agricultural Economists

Abstract: Mathematical models are derived measuring the social benefit and cost of information in comparison to the social benefit or cost of an input (fertilizer) subsidy under different factor market assumptions. In 1975, 54 countries subsidized fertilizers (FAO). In the following countries, the subsidy was as high as 50 percent of the average price of all fertilizers: Ghana, Libya, Niger, Tanzania, Uganda (certain farmers), Iran, and Sri Lanka. In Togo, the subsidy on urea in 1974 was 82 percent (FAO).

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 5
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo2:197123

DOI: 10.22004/ag.econ.197123

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