Gains and Losses of Alternative Food Grains Programmes in Malaysia
This study extends the partial equilibrium analysis to calculate the welfare effects of quotas/tariffs by recognizing the substitution relationship between rice and wheat. It is shown that ignoring the substitution effects leads to a significant understatement of the welfare cost. Three policy optio...
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Format: | Article |
Language: | English English |
Published: |
Universiti Putra Malaysia Press
1994
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Online Access: | http://psasir.upm.edu.my/id/eprint/917/1/SKMBT_C65008082509330.pdf |