The Effect of a Target Zone on the Stabilization of Agricultural Prices and Farmers' Nominal Income
A good harvest usually leads to a collapse in agricultural prices and farmersÕ nominal income. To stabilize the market, many countries introduce a target-zone policy, together with product purchase or price subsidy strategies. This paper analyzes the effect of a target zone with different strategies...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Western Agricultural Economics Association
2013-04-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/148244 |