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An International Comparison of the Effects of Government Agricultural Support on Food Budget Shares

Published online by Cambridge University Press:  26 January 2015

J. Corey Miller*
Affiliation:
Department of Agricultural Economics, Mississippi State University, Mississippi State, MS
Keith H. Coble
Affiliation:
Department of Agricultural Economics, Mississippi State University, Mississippi State, MS
*
Corresponding author

Abstract

This study evaluates econometrically the effect of government support to agriculture on a measure of the affordability of food in 10 Organization for Economic Cooperation and Development (OECD) countries. The panel model we construct specifically utilizes two values calculated by the OECD: Producer Support Estimates as a percentage of gross farm receipts and the Consumer Nominal Protection Coefficient. These two variables represent transfers from taxpayers to agricultural producers through government programs and transfers from consumers to government through protectionist measures, respectively. By using dummy variables, we find implications for groups of countries on the basis of their relative levels of support and protection.

Type
Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2008

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