The effects of government policies on agricultural input markets
โ Scribed by Bruce Traill
- Publisher
- Elsevier Science
- Year
- 1984
- Tongue
- English
- Weight
- 878 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0306-9192
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
Government intervention can create or enhance private incentives for farmers to produce certain crops at the expense of others. It may also induce allocative inefficiency. However, when externalities exist, or when market failures prevent the production system from achieving its best allocative effi
This paper discusses the dynamic response of employment, average hours, and real wages to macroeconomic policy shocks in the UK in the period 1970 Q1-2003 Q1. Following a monetary policy shock the adjustment of labour input is primarily along the extensive margin. However, there is also significant