作物最低支持价格与成本补贴:农民与消费者福利

Prashant Chintapalli, Christopher S. Tang
{"title":"作物最低支持价格与成本补贴:农民与消费者福利","authors":"Prashant Chintapalli, Christopher S. Tang","doi":"10.2139/ssrn.3934848","DOIUrl":null,"url":null,"abstract":"should the prevailing market price be below the pre-specified MSP. In this paper, we consider a market consisting of infinitesimally small, rational, and strategic farmers (with heterogeneous production costs) who face market and yield uncertainties. Our equilibrium analysis reveals that (i) Although both cost subsidy and MSP induce more production, cost subsidy leads to a higher crop production than MSP; (ii) MSP improves farmer's and consumer's surpluses; however, cost subsidy improves consumer's surplus but it can decrease farmer's surplus, which is unexpected; (iii) Although both programs achieve the same optimal net value (i.e., sum of farmer's and consumer's surpluses minus shortage cost and expenditure), MSP always o ers higher farmer's surplus than cost subsidy and (iv) it is beneficial to invest only in cost subsidy, in both cost subsidy and MSP, and only in MSP, when the budget availability is low, moderate, and high, respectively, so that the net surplus (i.e., sum of farmer's and consumer's surpluses less the shortage cost) is also maximized along with the net value generated being maximized","PeriodicalId":402954,"journal":{"name":"FoodSciRN: Other Agricultural Food Science","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2021-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"14","resultStr":"{\"title\":\"Crop Minimum Support Price versus Cost Subsidy: Farmer and Consumer Welfare\",\"authors\":\"Prashant Chintapalli, Christopher S. Tang\",\"doi\":\"10.2139/ssrn.3934848\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"should the prevailing market price be below the pre-specified MSP. In this paper, we consider a market consisting of infinitesimally small, rational, and strategic farmers (with heterogeneous production costs) who face market and yield uncertainties. Our equilibrium analysis reveals that (i) Although both cost subsidy and MSP induce more production, cost subsidy leads to a higher crop production than MSP; (ii) MSP improves farmer's and consumer's surpluses; however, cost subsidy improves consumer's surplus but it can decrease farmer's surplus, which is unexpected; (iii) Although both programs achieve the same optimal net value (i.e., sum of farmer's and consumer's surpluses minus shortage cost and expenditure), MSP always o ers higher farmer's surplus than cost subsidy and (iv) it is beneficial to invest only in cost subsidy, in both cost subsidy and MSP, and only in MSP, when the budget availability is low, moderate, and high, respectively, so that the net surplus (i.e., sum of farmer's and consumer's surpluses less the shortage cost) is also maximized along with the net value generated being maximized\",\"PeriodicalId\":402954,\"journal\":{\"name\":\"FoodSciRN: Other Agricultural Food Science\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2021-10-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"14\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"FoodSciRN: Other Agricultural Food Science\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3934848\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"FoodSciRN: Other Agricultural Food Science","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3934848","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 14

摘要

若现行市场价格低于预先订明的最低限价。在本文中,我们考虑一个由面临市场和产量不确定性的无限小的、理性的、有战略的(具有异质生产成本的)农民组成的市场。我们的均衡分析表明:(1)虽然成本补贴和最优补贴都能提高产量,但成本补贴导致的产量高于最优补贴;MSP改善农民和消费者的盈余;然而,成本补贴提高了消费者剩余,却减少了农民剩余,这是出乎意料的;(iii)尽管这两个方案获得相同的最优净价值(即农民和消费者的剩余之和减去短缺成本和支出),但MSP总是比成本补贴获得更高的农民剩余;(iv)当预算可得性分别为低、中、高时,只投资于成本补贴、成本补贴和MSP以及仅投资于MSP是有益的,因此净剩余(即农民和消费者剩余的总和减去短缺成本)也最大化,同时产生的净值也最大化
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Crop Minimum Support Price versus Cost Subsidy: Farmer and Consumer Welfare
should the prevailing market price be below the pre-specified MSP. In this paper, we consider a market consisting of infinitesimally small, rational, and strategic farmers (with heterogeneous production costs) who face market and yield uncertainties. Our equilibrium analysis reveals that (i) Although both cost subsidy and MSP induce more production, cost subsidy leads to a higher crop production than MSP; (ii) MSP improves farmer's and consumer's surpluses; however, cost subsidy improves consumer's surplus but it can decrease farmer's surplus, which is unexpected; (iii) Although both programs achieve the same optimal net value (i.e., sum of farmer's and consumer's surpluses minus shortage cost and expenditure), MSP always o ers higher farmer's surplus than cost subsidy and (iv) it is beneficial to invest only in cost subsidy, in both cost subsidy and MSP, and only in MSP, when the budget availability is low, moderate, and high, respectively, so that the net surplus (i.e., sum of farmer's and consumer's surpluses less the shortage cost) is also maximized along with the net value generated being maximized
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
自引率
0.00%
发文量
0
×
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