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Storage, Trade, and Price Policy Under Production Instability: Maize In Kenya AgEcon
Pinckney, Thomas C..
Instability in the production of a staple food causes severe hardship for many countries. For a country that is self-sufficient in its staple food in a normal production year, the large swings in price and consumption that result from an exclusive and uninhibited reliance on trade to stabilize prices are unacceptable. Most countries, therefore, intervene in their domestic cereal markets and move supplies from surpluses to deficit years through storage or by subsidizing international trade. The appropriate method of intervention and the most efficient way to achieve supply stability thus became topics of study. For the most part, economist have encouraged governments to rely more on trade than on stocks to make up deficits on years of production shortfalls....
Tipo: Report Palavras-chave: Corn industry; Government policy; Kenya; Crop Production/Industries; Demand and Price Analysis; International Relations/Trade.
Ano: 1988 URL: http://purl.umn.edu/42171
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