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Impacts of the Economic Reform Program on the Performance of the Egyptian Agricultural Sector AgEcon
Soliman, Ibrahim; Fabiosa, Jacinto F.; Gaber Amer, Mohamed; Kandil, Siham.
From 1986 to 2007 Egypt’s agricultural policy transitioned from a tightly controlled to a more liberalized regime. This study examines the impact of this change on the performance of the wheat (imported grain) and rice (exported grain) sectors. In terms of profitability, we found that the cost of production increased substantially in both grains, driven primarily by the rise in land rent and labor wage. But the wheat and rice sectors’ profitability did not suffer significantly, as advances in new seed technologies and adoption of better farm practices including farm mechanization increased yield and compensated for the higher cost. Considering market efficiency, we found that over the study period the farmer’s share of the consumer’s expenditure...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural liberalization; Area response elasticity; Market efficiency; Profitability.; Agricultural and Food Policy; Crop Production/Industries; Production Economics.
Ano: 2010 URL: http://purl.umn.edu/93033
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