Economywide effects and implications of alternative policies

The objective of this chapter is to assess the potential economywide effects of rice-sector policies on sector output growth and competitiveness with imports, changes in the sector and overall food prices, rural income growth, and overall economic performance. More specifically, we ask the following...

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Detalles Bibliográficos
Autores principales: Diao, Xinshen, Johnson, Michael E., Takeshima, Hiroyuki
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: University of Pennsylvania Press 2016
Materias:
Acceso en línea:https://hdl.handle.net/10568/147521
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author Diao, Xinshen
Johnson, Michael E.
Takeshima, Hiroyuki
author_browse Diao, Xinshen
Johnson, Michael E.
Takeshima, Hiroyuki
author_facet Diao, Xinshen
Johnson, Michael E.
Takeshima, Hiroyuki
author_sort Diao, Xinshen
collection Repository of Agricultural Research Outputs (CGSpace)
description The objective of this chapter is to assess the potential economywide effects of rice-sector policies on sector output growth and competitiveness with imports, changes in the sector and overall food prices, rural income growth, and overall economic performance. More specifically, we ask the following questions: (1) Which policies are likely co increase rice production and substantially reduce rice imports? (2) What are the characteristics of such production growth? (3) How will these policies affect production in the agricultural sector generally, food price inflation, food consumption, and other economywide effects? We use an economywide multimarket (EMM) model developed for Nigeria to analyze these questions. The chapter also briefly discusses the potential opportunity costs of pursuing a rice import substitution policy, in order to provide some partial insights into the cost of implementing key policies identified through the model's simulations.
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spelling CGSpace1475212025-12-08T10:29:22Z Economywide effects and implications of alternative policies Diao, Xinshen Johnson, Michael E. Takeshima, Hiroyuki imports food production agricultural policies rice foreign trade markets trade policies trade food consumption international trade The objective of this chapter is to assess the potential economywide effects of rice-sector policies on sector output growth and competitiveness with imports, changes in the sector and overall food prices, rural income growth, and overall economic performance. More specifically, we ask the following questions: (1) Which policies are likely co increase rice production and substantially reduce rice imports? (2) What are the characteristics of such production growth? (3) How will these policies affect production in the agricultural sector generally, food price inflation, food consumption, and other economywide effects? We use an economywide multimarket (EMM) model developed for Nigeria to analyze these questions. The chapter also briefly discusses the potential opportunity costs of pursuing a rice import substitution policy, in order to provide some partial insights into the cost of implementing key policies identified through the model's simulations. 2016-07-22 2024-06-21T09:22:59Z 2024-06-21T09:22:59Z Book Chapter https://hdl.handle.net/10568/147521 en Open Access application/pdf University of Pennsylvania Press Diao, Xinshen; Johnson, Michael E.; and Takeshima, Hiroyuki. 2016. Economywide effects and implications of alternative policies. In The Nigerian rice economy: Policy options for transforming production, marketing, and trade. Gyimah-Brempong, Kwabena; Johnson, Michael E.; and Takeshima, Hiroyuki (Eds.) Chapter 8. Pp. 181-202. Washington, DC: International Food Policy Research Institute (IFPRI).
spellingShingle imports
food production
agricultural policies
rice
foreign trade
markets
trade policies
trade
food consumption
international trade
Diao, Xinshen
Johnson, Michael E.
Takeshima, Hiroyuki
Economywide effects and implications of alternative policies
title Economywide effects and implications of alternative policies
title_full Economywide effects and implications of alternative policies
title_fullStr Economywide effects and implications of alternative policies
title_full_unstemmed Economywide effects and implications of alternative policies
title_short Economywide effects and implications of alternative policies
title_sort economywide effects and implications of alternative policies
topic imports
food production
agricultural policies
rice
foreign trade
markets
trade policies
trade
food consumption
international trade
url https://hdl.handle.net/10568/147521
work_keys_str_mv AT diaoxinshen economywideeffectsandimplicationsofalternativepolicies
AT johnsonmichaele economywideeffectsandimplicationsofalternativepolicies
AT takeshimahiroyuki economywideeffectsandimplicationsofalternativepolicies