UNSPECIFIED (1992) THE WELFARE EFFECTS OF DEREGULATING PRODUCER PRICES. AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 74 (1). pp. 21-26. ISSN 0002-9092

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Abstract

A method is presented for examining producer welfare impacts of a range of deregulation proposals, including a reduction in price support. Welfare impacts take account not just of expected transfer effects but of changes in the uncertain conditions facing producers. The method is applied to deregulation proposals for the Australian wheat industry. Results suggest producers would benefit under some proposals but be made worse off under others. Supply responses also are estimated and shown to be generally smaller in percentage terms than are short-run welfare effects. It is argued that short-run and long-run welfare effects are similar.

Item Type:	Journal Article
Subjects:	S Agriculture H Social Sciences > HC Economic History and Conditions
Journal or Publication Title:	AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
Publisher:	AMER AGRICULTURAL ECONOMICS ASSOC
ISSN:	0002-9092
Date:	February 1992
Volume:	74
Number:	1
Number of Pages:	6
Page Range:	pp. 21-26
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/22136

Data sourced from Thomson Reuters' Web of Knowledge

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