Microeconomic aspects of government subsidies in the agricultural market

Microeconomic aspects of government subsidies in the agricultural market

It is known from the Czech practice that a very actual problem of economic policy is created by the subsidies on the prices of agricultural products. A price subsidy of agricultural product causes the price to be kept above its equilibrium level. We will use the microeconomic knowledge about the beh...

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Bibliographic Details
Main Authors: Lucie SEVEROVÁ, Jan CHROMÝ, Bohuslav SEKERKA, Alexandr SOUKUP
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2012-11-01
Series:Agricultural Economics (AGRICECON)
Subjects:
efficiency
equilibrium
long-run average costs
long-run marginal costs
price intervention programs
subsidy of agricultural products
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-201211-0005_microeconomic-aspects-of-government-subsidies-in-the-agricultural-market.php

Internet

https://agricecon.agriculturejournals.cz/artkey/age-201211-0005_microeconomic-aspects-of-government-subsidies-in-the-agricultural-market.php

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