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Least Cost Efficiency Of Agricultural Programs: An Empirical Investigation

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  • Salhofer, Klaus
  • Schneider, Friedrich
  • Streicher, Gerhard

Abstract

The study evaluates the efficiency of government intervention using a vertical structured model including imperfectly competitive agricultural input markets, the bread grains market, and the imperfectly competitive food industry. The actually observed policy is compared to a hypothetical optimal policy of the same policy instruments to test for policy efficiency.

Suggested Citation

  • Salhofer, Klaus & Schneider, Friedrich & Streicher, Gerhard, 1999. "Least Cost Efficiency Of Agricultural Programs: An Empirical Investigation," 1999 Annual meeting, August 8-11, Nashville, TN 21565, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21565
    DOI: 10.22004/ag.econ.21565
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    References listed on IDEAS

    as
    1. Bullock, D. S. & Salhofer, K., 1998. "Measuring the social costs of suboptimal combinations of policy instruments: A general framework and an example," Agricultural Economics, Blackwell, vol. 18(3), pages 249-259, May.
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    Full references (including those not matched with items on IDEAS)

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