Martin, Will; Anderson, Kym - 2012
estimates of agricultural distortions to assess its contribution to the price spikes in 1972-74 and 2006-08 for rice and wheat …. The analysis suggests that 45 percent of the increase in rice prices in 2006-08, and 30 percent of the increase in wheat …-insulating behavior by the industrial countries. This provides little stabilizing benefit in the rice market because countries not …