Structural reforms and price liberalization in Mexican agriculture
This paper shows that the policy changes introduced by the Mexican Government in the mid-1980s induced a reduction in the profits of the crop subsector. A simple simulation exercise revealed that, under price liberalization of the four crops studied, the demand for agricultural labour will decline by 6 per cent (equivalent to about 360,000 agricultural workers); the supply of maize is expected to decline by about 11 per cent while the corresponding declines of wheat, sorghum, and beans will be 22, 13, and 5 percent, respectively. The use of fertilizer is also expected to decline to two thirds of its current use. © 1998 John Wiley & Sons, Ltd.
Year of publication: |
1998
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Authors: | Baffes, John |
Published in: |
Journal of International Development. - John Wiley & Sons, Ltd., ISSN 0954-1748. - Vol. 10.1998, 5, p. 575-587
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Publisher: |
John Wiley & Sons, Ltd. |
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