| Autor: |
Steven T. Buccola, Chrispen Sukume |
| Rok vydání: |
1991 |
| Předmět: |
|
| Zdroj: |
Journal of Development Economics. 35:281-305 |
| ISSN: |
0304-3878 |
| DOI: |
10.1016/0304-3878(91)90052-w |
| Popis: |
Setting administered domestic prices according to just c.i.f. of f.o.b. border price is advisable only if the direction of trade is certain and all groups' interests are weighted equally. If the good randomly may be imported of exported, prices and stocks should be determined simultaneously on the basis of domestic demand and supply conditions as well as border prices. A framework is proposed for testing which optimizing model an LDC government employs when administering price and stock levels. The framework suggests Zimbabwe policy makers have treated maize as an export crop, weighting consumers' interests moderately below those of producers and government. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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