What is it about?

the paper reviews the determinants of price incentives through policy measures across selected African countries.

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Why is it important?

most policy makers are interested in influencing farmers behaviors and the level agricultural output through policies. This paper analyses the extent to which policy makers manage to achieve their sometimes conflicting objective and discuses the role of policy and market failures.

Perspectives

this paper builds on and adds to the extensive literature on distortions to agricultural incentives. it proposes new insights on the role played by policy and market failures that often outweigh the effect of explicit policy instruments.

Dr. Jean Balié
International Rice Research Institute

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This page is a summary of: Policy or Markets? An Analysis of Price Incentives and Disincentives for Rice and Cotton in Selected African Countries, Canadian Journal of Agricultural Economics/Revue canadienne d agroeconomie, September 2014, Wiley,
DOI: 10.1111/cjag.12049.
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