The economic consequences of price support policies in semi-subsistence economies

IF 3.5 2区 经济学 Q1 ECONOMICS
Emerta A. Aragie , Scott McDonald
{"title":"The economic consequences of price support policies in semi-subsistence economies","authors":"Emerta A. Aragie ,&nbsp;Scott McDonald","doi":"10.1016/j.jpolmod.2023.11.002","DOIUrl":null,"url":null,"abstract":"<div><p>Semi-subsistence households in developing countries play a considerable role as both producers and consumers of agricultural products, with a substantial part of their consumption contributed by home production for home consumption (HPHC). This study employs a modeling framework that integrates an HPHC augmented database with a modified economywide model that accommodates the distinct features of these households. Results from model simulations with border price shocks and several policy responses indicate that farm households are less influenced by external price shocks but are more responsive to enhancements in the local marketing system. Subsidies to strategic non-food imports during soaring prices appear less effective in inducing agents to engage in production. This finding suggests that the welfare gains reported by studies on price incentives locally, and agricultural policy reforms in developed market economies are likely to be large overestimates of the welfare implications for semi-subsistence households in many of the least developed economies.</p></div>","PeriodicalId":48015,"journal":{"name":"Journal of Policy Modeling","volume":null,"pages":null},"PeriodicalIF":3.5000,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Policy Modeling","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0161893823001151","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0

Abstract

Semi-subsistence households in developing countries play a considerable role as both producers and consumers of agricultural products, with a substantial part of their consumption contributed by home production for home consumption (HPHC). This study employs a modeling framework that integrates an HPHC augmented database with a modified economywide model that accommodates the distinct features of these households. Results from model simulations with border price shocks and several policy responses indicate that farm households are less influenced by external price shocks but are more responsive to enhancements in the local marketing system. Subsidies to strategic non-food imports during soaring prices appear less effective in inducing agents to engage in production. This finding suggests that the welfare gains reported by studies on price incentives locally, and agricultural policy reforms in developed market economies are likely to be large overestimates of the welfare implications for semi-subsistence households in many of the least developed economies.

半自给经济中价格支持政策的经济后果
发展中国家的半自给家庭作为农产品的生产者和消费者发挥着相当大的作用,其消费的很大一部分来自家庭生产供家庭消费(HPHC)。本研究采用了一个建模框架,该框架集成了HPHC增强数据库和一个改进的经济范围模型,以适应这些家庭的不同特征。具有边界价格冲击和若干政策响应的模型模拟结果表明,农户受外部价格冲击的影响较小,但对当地营销体系的改进反应更积极。在价格飙升期间,对战略性非食品进口的补贴在诱导代理商从事生产方面似乎效果较低。这一发现表明,关于地方价格激励和发达市场经济农业政策改革的研究报告的福利收益很可能大大高估了许多最不发达经济体半自给自足家庭的福利影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
6.20
自引率
11.40%
发文量
76
期刊介绍: The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信