A Method of Basing Adjustments in Purchase Prices for Grain on Yields (>u>1>/u>)
Grain purchase prices now in effect were set on the basis of average yields and costs of production in various zones over several years. In drought areas of the country, however, crop yields substantially diverge from the average yield over several years depending on conditions. In this situation unalterable purchase prices would make it possible for collective farms to get unjustifiably high incomes in high-yield years, which would lessen the stimulating effect of prices on raising labor productivity and lowering production costs. In years of poor harvests such purchase prices may lead to serious financial difficulties for the collective farms.
Year of publication: |
1961
|
---|---|
Authors: | Grushetskii, L. |
Published in: |
Problems of Economic Transition. - M.E. Sharpe, Inc., ISSN 1061-1991. - Vol. 4.1961, 6, p. 13-18
|
Publisher: |
M.E. Sharpe, Inc. |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The Stimulating Function of Purchase Prices
Grushetskii, L., (1979)
-
The stimulating function of purchase prices
Grushetskii, L., (1979)
- More ...