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Measuring the Effects of Intervention in Agricultural
The Republic of Korea
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30 percent agricultural pricing policies agricultural products agricultural sector areas average basmati border prices CM CM coconut commodities consumer price consumer price index consumption copra corn costs cotton declined direct and total direct effects direct intervention domestic price economic effect of direct elasticity estimated expenditures export tax farm fertilizer food subsidies government intervention government's grain growth impact imports income effects increase indirect industry inflation inputs investment irrigation Korea Kuala Lumpur macroeconomic maize Malaysia mills National nominal protection rate nprd oil palm output overvaluation paddy farmers Pakistan palm oil peso Philippines political price index price intervention price of rice procurement producer price rate of protection real income relative prices Research revenues rubber rural short-run Sri Lanka stability sugar sugarcane sumers supply Table tariffs taxation Thailand total intervention tradable trade transfers tree crop U.S. dollar urban value added wheat World Bank world price