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... years. However, from the end of the 1940s onwards government policies started shifting again to protect producers, first in crops where production recovered fastest from the war damages and where the first signs of production surpluses emerged, putting pressure on agricultural prices and incomes. La ...
... years. However, from the end of the 1940s onwards government policies started shifting again to protect producers, first in crops where production recovered fastest from the war damages and where the first signs of production surpluses emerged, putting pressure on agricultural prices and incomes. La ...
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... intervention price. The farm income variable had a positive sign in all of the estimated equations and its level of significance varied, but was most significant for the powder models. Our original hypothesis was that if farm incomes fell in the previous year, the EU would raise the intervention pri ...
... intervention price. The farm income variable had a positive sign in all of the estimated equations and its level of significance varied, but was most significant for the powder models. Our original hypothesis was that if farm incomes fell in the previous year, the EU would raise the intervention pri ...
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... unavailable. For both reasons, we use the world market price of the commodity, deflated by the consumer price index (ADJWP) as an indicator for exogenous, i.e. pre-policy, relative income developments of the commodities' producers vis-à-vis the rest of the economy. Agricultural protection is expecte ...
... unavailable. For both reasons, we use the world market price of the commodity, deflated by the consumer price index (ADJWP) as an indicator for exogenous, i.e. pre-policy, relative income developments of the commodities' producers vis-à-vis the rest of the economy. Agricultural protection is expecte ...
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... uncertainity associated with the new sources of foreign exchange earnings and their strong correlation with political considerations. The deprivation of the agricultural sector of the indogeneity of the key policy variables as well as the fragmentation of policy making attributed to the distribution ...
... uncertainity associated with the new sources of foreign exchange earnings and their strong correlation with political considerations. The deprivation of the agricultural sector of the indogeneity of the key policy variables as well as the fragmentation of policy making attributed to the distribution ...
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... both the statistical and the analytical bases for decision making pertaining to factors and structures operative in the agricultural economy are scarce, compared with commodity supply and distribution data. The institutional and legislative frameworks for facilitating adjustments to meet the needs o ...
... both the statistical and the analytical bases for decision making pertaining to factors and structures operative in the agricultural economy are scarce, compared with commodity supply and distribution data. The institutional and legislative frameworks for facilitating adjustments to meet the needs o ...
Agricultural subsidy
An agricultural subsidy is a governmental subsidy paid to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities. Examples of such commodities include; wheat, feed grains (grain used as fodder, such as maize or corn, sorghum, barley, and oats), cotton, milk, rice, peanuts, sugar, tobacco, oilseeds such as soybeans, and meat products such as beef, pork, and lamb and mutton. Such subsidies are extremely controversial, both because of their complex effects and because of their political origins, which involve heavy lobbying from groups representing the interests of agribusiness.