Welfare gains and losses under the Malaysian rice pricing policy and their relationships to the self-sufficiency level
An applied welfare economics approach was utilised to analyse the impact of public policy on the rice industry arising from the adoption of a price control programme. Taking market clearing equilibrium price under the assumption of a closed economy, the imposition of price control was found to favou...
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Format: | Article |
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Penerbit Universiti Kebangsaan Malaysia
1998
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Online Access: | http://journalarticle.ukm.my/1347/ http://journalarticle.ukm.my/1347/ |