Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...

La teoría económica y la evidencia empírica disponible apoyan la tesis de que el direccionamiento del gasto público hacia bienes de naturaleza privada, en detrimento del gasto en bienes públicos, inhibe el desempeño del sector agrícola. Este trabajo presenta un análisis de la influencia...

This paper investigates the international quarterly prices of wheat and rice from 1983(1) to 2012(4). The empirical analysis takes place with the structural time series methodology which decomposes the price series into their trend, cycle, seasonal and irregular components. The empirical results...