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MARKET DISTORTIONS IN BRAZILIAN AGRICULTURE: AN ANALYSIS OF THE EFFECTS OF GOVERNMENT POLICY ON THE BEEF AND DAIRY SECTORS
Author(s) -
Silva J. A. B. B.,
Young T.,
Traill W. B.
Publication year - 1985
Publication title -
journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.157
H-Index - 61
eISSN - 1477-9552
pISSN - 0021-857X
DOI - 10.1111/j.1477-9552.1985.tb00187.x
Subject(s) - economic interventionism , agriculture , consumption (sociology) , economics , government (linguistics) , production (economics) , econometric model , agricultural economics , agricultural policy , distribution (mathematics) , econometric analysis , public policy , public economics , business , macroeconomics , economic growth , ecology , social science , linguistics , philosophy , mathematical analysis , mathematics , sociology , politics , political science , law , econometrics , biology
Intervention in the beef and dairy sectors has been the core of Brazilian agricultural policy. An econometric model of these sectors is used as a tool with which to measure the consequences of government‐induced market distortions on prices, production, consumption and external trade. It is argued that large economic losses and a less egalitarian distribution of income have been the results of government policy to date.