IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v49y1967i2p389-402..html
   My bibliography  Save this article

Setting the Price of Peruvian Rice

Author

Listed:
  • William C. Merrill

Abstract

The Peruvian government presently buys and sells most of the domestic and imported rice in Peru. The main goals of its wholesale operation are to keep the farm price of rice high, to maintain a low consumer price, to break even on its wholesale operation, and to reduce rice imports. The conflicts of these goals are illustrated graphically by using a system of iso-profit and iso-import curves. A model is provided which allows technical advisors to summarize graphically the information needed by government decision makers when setting rice prices. The model takes into account the variability in supply and demand and is operational even when limited information is available on the government's cost structure.

Suggested Citation

  • William C. Merrill, 1967. "Setting the Price of Peruvian Rice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(2), pages 389-402.
    • Handle: RePEc:oup:ajagec:v:49:y:1967:i:2:p:389-402.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1237208
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:49:y:1967:i:2:p:389-402.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.