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This paper addresses the issue of measuring welfare losses due to imposition of a production quota. The topic of welfare measurement is important in agriculture because production quotas are a ubiquitous component of agricultural policy. While it is probably true that in the arena of policy...
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Developing countries often tax agriculture heavily, a practice that might affect the productivity as well as the quantity of resources allocated to agriculture. A variable-coefficient cross-country agricultural production function is estimated, with past price expectations among the determinants...
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Recent studies have revealed that LDCs have been taxing their agricultural sectors at rates of 40 to 50 percent. While it is widely acknowledged that this taxation might have significant allocative effects, this paper examines a cross-country aggregated agricultural production function. The...
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