Agricultural Economics and Policy: International Challenges by KEES BURGER, MARTIJN DE GROOT, JAAP POST and VINUS


Foreign demanding situations in agricultural economics for the nineties will come from a redirection of the EC coverage, encouraged via GATT negotiations, the hole in the direction of jap Europe and environmental concerns, from a construction orientated coverage in the direction of rural coverage, aiming at retaining susceptible areas, protecting a rural inhabitants, curbing creation within the West and fostering it within the East, and Read more...

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The larger is the value of 25 parameter α, the smaller in the asymptotic price variance will tend to be. It can also be s h o w n that m o r e elastic slopes of the s u p p l y a n d d e m a n d curves, that is, larger values of a, b , or c, lead to smaller price variations. These properties are all quite rea­ sonable a n d to be expected. Analytically they can be written as follows: 2 do 3σ — - < 0 (18), 3a 2 do — - < 0 (19), 3a 2 — - < 0 (20), 3b 2 do — - < 0 (21) 3c It can also be s h o w n that —- < 0 3ζ (22) or that stabilising buffer stockholding b y the g o v e r n m e n t will, in fact, stabilise the market.

S. , L. Squire, a n d J. Strauss (1986): "A survey of households models: recent findings a n d policy implications"; The World Bank Economic Review 1 (1986)1, p p . 1-30 Zajdenweber, D. (1976): Hasard et prevision; Paris, Economica 38 Notes 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. Cf. Machlup (1967). The original Machlup's distinguo w a s between dynamics a n d statics. Cf. Lerner (1960). CGEM's are generally derived from closed Leontieff models, a n d represent an at­ tempt to proactically investigate intersectoral relationships: for instance, to eval­ uate the consequences of a change in agriculture or non-agricultural sectors.

Y. L. (1977): "The Impact of Trade Restrictions on Price Sta­ bility in the World Market"; American Journal of Agricultural Economics 59(1977) p p . J. (1979): "Futures Markets, Private Storage, a n d Price Stabilization"; Journal of Public Economics 12(1979) p p . 301-27 Tyers, R. a n d K. Anderson, (1986): Distortions in World Food Markets: A Quantitative Assessment; b a c k g r o u n d p a p e r p r e p a r e d for the World Bank 1986, W o r l d Develop­ m e n t Report, January 1986 Valdes, A.

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