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Many low-income countries pursue cheap-food policies in which consumers pay subsidized prices for bread, rice and other staples. This paper addresses the issue of why different governments select different food subsidy policies, using multiple instruments rather than a simple across-the-board...
Persistent link: https://www.econbiz.de/10011069265
This paper reviews the literature dealing with the link of agricultural prices and macroeconomic policies to agiicultural supply with particular emphasis on Sub-Saharan Africa. Although the study echoes the stylized facts on price elasticities underlined in previous literature reviews, the paper...
Persistent link: https://www.econbiz.de/10011069390
Persistent link: https://www.econbiz.de/10010911336