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First-Best and Second-Best Policies of Pricing an Imported Input: The Case of Fertilizer in Taiwan, 1950-1966.
- Source :
- American Journal of Agricultural Economics; May74, Vol. 56 Issue 2, p314, 9p
- Publication Year :
- 1974
-
Abstract
- Under a government-peasant fertilizer-rice barter system in Taiwan, the use of chemical fertilizer is heavily taxed through a high fertilizer-rice exchange ratio. Important economic gains can be realized if the government lowers the tax on fertilizer input and raises, if necessary, the tax on rice output instead. [ABSTRACT FROM AUTHOR]
- Subjects :
- FERTILIZERS
FERTILIZER industry
PRICING
Subjects
Details
- Language :
- English
- ISSN :
- 00029092
- Volume :
- 56
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- American Journal of Agricultural Economics
- Publication Type :
- Academic Journal
- Accession number :
- 4588636
- Full Text :
- https://doi.org/10.2307/1238762