Input and Output Price Distortions Facilitating the Provision of Public Goods Foster, William Rausser, Gordon
dc.contributor.department Center for Agricultural and Rural Development 2018-02-17T14:56:43.000 2020-06-30T04:00:32Z 2020-06-30T04:00:32Z Wed Jan 01 00:00:00 UTC 1992 2016-03-22 1992-06-01
dc.description.abstract <p>Two important issues in the context of the provision of public goods are examined: the preference of price-distorting over nondistorting transfers, and the choice of specific output or input markets to carry the distorting taxes or subsidies. An explanation is given as to why some industries have more price distortion per dollars transferred due to firm heterogeneity rather than industry lobbying power. In the framework presented, a government desires to target transfers to a subset of heterogeneous innovators to circumvent obstruction of producer-harming policies such as public investment in supply-enhancing R&D. We also offer an explanation for the use of output taxes and input subsidies in developing countries in contrast to output subsidies and input restrictions in developed countries' agricultural sectors.</p>
dc.identifier archive/
dc.identifier.articleid 1036
dc.identifier.contextkey 8366503
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath gatt_papers/41
dc.source.bitstream archive/|||Sat Jan 15 00:09:42 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agriculture
dc.subject.keywords Agriculture
dc.subject.keywords Price distortion
dc.title Input and Output Price Distortions Facilitating the Provision of Public Goods
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isOrgUnitOfPublication 1a6be5f1-4f64-4e48-bb66-03bbcc25c76d
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