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The B.E. Journal of Economic Analysis & Policy

Editor-in-Chief: Jürges, Hendrik / Ludwig, Sandra

Ed. by Auriol , Emmanuelle / Brunner, Johann / Fleck, Robert / Mendola, Mariapia / Requate, Till / Schirle, Tammy / de Vries, Frans / Zulehner, Christine

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Online
ISSN
1935-1682
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Volume 9, Issue 1 (Aug 2009)

Issues

Volume 6 (2006)

Volume 4 (2004)

Volume 2 (2002)

Volume 1 (2001)

The Political Economy of Agricultural Market Reforms in Developing Countries

Paola Giuliano
  • 1UCLA,
/ Diego Scalise
  • 2Europe Economics,
Published Online: 2009-08-06 | DOI: https://doi.org/10.2202/1935-1682.2023

Abstract

We study the determinants of agricultural market reforms in developing countries. What prompted the governments in these countries to abruptly begin deregulating their agricultural markets in the late 1980's? We answer this question by constructing a completely new dataset based on agricultural market regulations in 88 developing countries from 1960 to 2003. Our results suggest that the sudden and strong decline in the international price of agricultural commodities played a crucial role in destabilizing the financial equilibrium of marketing boards. In addition, changes in the rural representation in the political arena and government ideology also played significant roles in breaking up the status quo.

Keywords: deregulation; agricultural markets

About the article

Published Online: 2009-08-06


Citation Information: The B.E. Journal of Economic Analysis & Policy, ISSN (Online) 1935-1682, DOI: https://doi.org/10.2202/1935-1682.2023. Export Citation

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