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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Bibliographic Details
Main Author: Nik Hasim Mustapha
Format: Article
Published: Penerbit Universiti Kebangsaan Malaysia 1998
Online Access:http://journalarticle.ukm.my/1347/
http://journalarticle.ukm.my/1347/