Suchergebnisse

Aims to demonstrate that the coefficients which have been employed are inadequate for measuring price distortion, and to develop a suitable method for measuring distortion at each point on domestic marketing chains. Demonstrates, using the example of maize in Kenya, the potential magnitude and direction of the differences between the conventional coefficients and the distortion coeffecients developed in the article. (Abstract amended)

The most common means of measuring agricultural price distortion in less developed countries has been through the estimation of variously defined nominal protection coefficients. It is argued that the coefficients that have been employed are inadequate for measuring price distortion. An attempt is made to develop a suitable method for measuring distortion at each point in domestic marketing chains for agricultural commodities. Using the example of the price structures for maize in Kenya, the potential magnitude & direction of the differences between the conventional coefficients & the distortion coefficients developed here are demonstrated. 3 Tables, 21 References. Modified HA