Most developing countries strive to improve agricultural productivity by relaxing credit constraints, supplying better inputs, and improving marketing and distribution. However the efficacy of these reforms needs to be examined in the context of the behavioral responses of farming households....

We investigate the Philippine government’s price stabilization policy for rice. Seemingly Unrelated Regressions are used to examine the effectiveness of the program at regional and national levels over a 21-year period (January 1983 to December 2003). Results of the regional analysis indicate...