The policy analysis matrix applied to agricultural commodity markets

The critical role of policy in the functioning of agricultural commodity markets is being increasingly recognized. Governments often intervene in commodity markets through prices, regulations, and macro-policies. Policies affect financial returns and comparative advantage. The Policy Analysis Matrix...

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Main Authors: Shapiro, Barry I., Staal, Steven J.
Format: Informe técnico
Language:Inglés
Published: Lynne Rienner Publishers, Inc. 1995
Subjects:
Online Access:https://hdl.handle.net/10568/49739
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author Shapiro, Barry I.
Staal, Steven J.
author_browse Shapiro, Barry I.
Staal, Steven J.
author_facet Shapiro, Barry I.
Staal, Steven J.
author_sort Shapiro, Barry I.
collection Repository of Agricultural Research Outputs (CGSpace)
description The critical role of policy in the functioning of agricultural commodity markets is being increasingly recognized. Governments often intervene in commodity markets through prices, regulations, and macro-policies. Policies affect financial returns and comparative advantage. The Policy Analysis Matrix (PAM) can be used to study policy effects at each level of the commodity chain, as well as their effects on alternative technologies. The PAM methodology identifies the cost and revenue structure of marketing activities to evaluate the effects of policy. Non-price factors, including institutional forms of market failure, are often as important as price factors in explaining market functioning. Causes of market failure and effects of investments to improve market performance can also be studied. This chapter presents the PAM methodology and illustrates its use applied to a dairy marketing system at Nyeri, Kenya.
format Informe técnico
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publishDate 1995
publishDateRange 1995
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spelling CGSpace497392023-02-15T09:41:45Z The policy analysis matrix applied to agricultural commodity markets Shapiro, Barry I. Staal, Steven J. developing countries dairy industry commodity markets agricultural policies costs social values prices milk production marketing The critical role of policy in the functioning of agricultural commodity markets is being increasingly recognized. Governments often intervene in commodity markets through prices, regulations, and macro-policies. Policies affect financial returns and comparative advantage. The Policy Analysis Matrix (PAM) can be used to study policy effects at each level of the commodity chain, as well as their effects on alternative technologies. The PAM methodology identifies the cost and revenue structure of marketing activities to evaluate the effects of policy. Non-price factors, including institutional forms of market failure, are often as important as price factors in explaining market functioning. Causes of market failure and effects of investments to improve market performance can also be studied. This chapter presents the PAM methodology and illustrates its use applied to a dairy marketing system at Nyeri, Kenya. 1995 2014-10-31T06:08:19Z 2014-10-31T06:08:19Z Report https://hdl.handle.net/10568/49739 en Open Access Lynne Rienner Publishers, Inc.
spellingShingle developing countries
dairy industry
commodity markets
agricultural policies
costs
social values
prices
milk production
marketing
Shapiro, Barry I.
Staal, Steven J.
The policy analysis matrix applied to agricultural commodity markets
title The policy analysis matrix applied to agricultural commodity markets
title_full The policy analysis matrix applied to agricultural commodity markets
title_fullStr The policy analysis matrix applied to agricultural commodity markets
title_full_unstemmed The policy analysis matrix applied to agricultural commodity markets
title_short The policy analysis matrix applied to agricultural commodity markets
title_sort policy analysis matrix applied to agricultural commodity markets
topic developing countries
dairy industry
commodity markets
agricultural policies
costs
social values
prices
milk production
marketing
url https://hdl.handle.net/10568/49739
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