PRICE‐SUPPORT EFFECTS ON EC PRODUCERS
提出新方法评估价格支持政策对生产者行为的影响,考虑生产环境的不确定性,并应用于欧共体农业,揭示政策如何扭曲生产者从世界市场获得的信号。
This paper presents a new approach to assessing the impact of price‐support policies on producer behaviour. This approach takes explicit account of the impact of such policies on a producer's uncertain production environment and includes a numerical procedure for calculating ex ante price variability from ex post producer price data. The method is applied to European Community agricultural industries in which intervention purchasing schemes operate. The results show the extent to which price support‐policies distort the signals producers receive from world markets.