| Witnessing the long-standing resource insufficiency in Hungarian agriculture, the question arises: aside from obviously low efficiencies, to what extent have unfavorable prices led to this situation. In my presentation I will try to answer the question whether, assuming some kind of value-categories or other as given and measured against this, the permanent erosion of agricultural prices can be established. If so, could declining prices be connected to specific features of the agricultural sector? These answers may be useful for experts in make arrangements for decisions of agricultural policy. Research on micro-economic principles, shows that for an analysis of the value-distortion of our prices the equilibrium prices of the so-called “Walras market” (a... |
