Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India

This study examines the impact of alternative price stabilization policies for edible oils and oilseeds in India on the farmers growing oilseeds, the consumers of edible oils and the processing sector with the help of a multi market equilibrium dynamic simulation model. Price stability in the edible...

Descripción completa

Detalles Bibliográficos
Autor principal: Srinivasan, P. V.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2004
Materias:
Acceso en línea:https://hdl.handle.net/10568/157020
_version_ 1855526737738203136
author Srinivasan, P. V.
author_browse Srinivasan, P. V.
author_facet Srinivasan, P. V.
author_sort Srinivasan, P. V.
collection Repository of Agricultural Research Outputs (CGSpace)
description This study examines the impact of alternative price stabilization policies for edible oils and oilseeds in India on the farmers growing oilseeds, the consumers of edible oils and the processing sector with the help of a multi market equilibrium dynamic simulation model. Price stability in the edible oil sector is important at least for two reasons. It can help realize the growth potential in the production of edible oils and improve the nutritional security of Indian households. While efficiency considerations suggest the linking of domestic to world prices, extreme fluctuations in price have to be avoided, for they can lead to undesirable consequences both at the macro and micro levels. The questions addressed in this study include the following. What is the effectiveness of alternative price stabilization mechanisms in stabilizing oilseed/ edible oil prices? Can variable levies that vary within the bound tariff level provide adequate protection against world price fluctuations? What are the costs to the government, benefits to producers and consumers? What is the impact on prices of oilseeds due to the operation of variable levies edible oil imports and vice versa? -- From Author's Executive Summary
format Artículo preliminar
id CGSpace157020
institution CGIAR Consortium
language Inglés
publishDate 2004
publishDateRange 2004
publishDateSort 2004
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1570202025-11-06T06:22:24Z Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India Srinivasan, P. V. economic theories price stabilization seed industry oilseeds nutritional status price policies crops plant products This study examines the impact of alternative price stabilization policies for edible oils and oilseeds in India on the farmers growing oilseeds, the consumers of edible oils and the processing sector with the help of a multi market equilibrium dynamic simulation model. Price stability in the edible oil sector is important at least for two reasons. It can help realize the growth potential in the production of edible oils and improve the nutritional security of Indian households. While efficiency considerations suggest the linking of domestic to world prices, extreme fluctuations in price have to be avoided, for they can lead to undesirable consequences both at the macro and micro levels. The questions addressed in this study include the following. What is the effectiveness of alternative price stabilization mechanisms in stabilizing oilseed/ edible oil prices? Can variable levies that vary within the bound tariff level provide adequate protection against world price fluctuations? What are the costs to the government, benefits to producers and consumers? What is the impact on prices of oilseeds due to the operation of variable levies edible oil imports and vice versa? -- From Author's Executive Summary 2004 2024-10-24T12:46:47Z 2024-10-24T12:46:47Z Working Paper https://hdl.handle.net/10568/157020 en Open Access application/pdf International Food Policy Research Institute Srinivasan, P. V. 2004. Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India. MTID Discussion Paper 69. https://hdl.handle.net/10568/157020
spellingShingle economic theories
price stabilization
seed industry
oilseeds
nutritional status
price policies
crops
plant products
Srinivasan, P. V.
Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India
title Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India
title_full Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India
title_fullStr Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India
title_full_unstemmed Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India
title_short Managing price volatility in an open economy environment: the case of edible oils and oilseeds in India
title_sort managing price volatility in an open economy environment the case of edible oils and oilseeds in india
topic economic theories
price stabilization
seed industry
oilseeds
nutritional status
price policies
crops
plant products
url https://hdl.handle.net/10568/157020
work_keys_str_mv AT srinivasanpv managingpricevolatilityinanopeneconomyenvironmentthecaseofedibleoilsandoilseedsinindia