Karadeloglou P. (1998). Market clearing prices in the agricultural sector in transition economies: The case of Slovenia. In : Mergos G. (ed.). Agricultural price reform under transition in Bulgaria, Romania, and Slovenia.
Chania (Grèce) : CIHEAM-IAMC.
p. 185-197.
(Options Méditerranéennes : Série B. Etudes et Recherches, n. 22).
http://om.ciheam.org/article.php?IDPDF=CI010257
http://om.ciheam.org/article.php?IDPDF=CI010257
Titre : | Market clearing prices in the agricultural sector in transition economies: The case of Slovenia |
in : | |
Auteurs : | P. Karadeloglou |
Type de document : | Chapitre d'ouvrage |
Editeur : | Chania [Grèce] : CIHEAM-IAMC, 1998 |
Collection : | Options Méditerranéennes : Série B. Etudes et Recherches, num. 22 |
ISBN/ISSN/EAN : | 978-2-85352-186-4 |
Format : | p. 185-197 / réf., tabl., graph. |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Thésaurus IAMM SLOVENIE ; ECONOMIE DE TRANSITION ; FORMATION DES PRIX ; OFFRE ET DEMANDE ; POLITIQUE DES PRIX ; AGRICULTURECatégories principales 11 - COMMERCE ; 11.2 - Commercialisation. Distribution |
Résumé : | The objective of this paper is to evaluate the degree of price convergence towards equilibrium, measuring the distance between actual agricultural price and market clearing prices with the use of econometric methods. The results show that agricultural prices have adjusted substantially to market clearing levels. Prices of all the agricultural products examined in the paper, except those of wine, potatoes and poultry meat, are, however, constrained by policy interventions. In particular, for wine grapes, apples and milk the difference between the observed and the market clearing price was close to 30 per-cent in 1994. The supply-demand clearing prices of wine, potatoes and poultry meat are lower than the actual prices during the period studied. Finally, for maize and cattle meat it seems that the observed prices were very close to the market clearing prices. The model was also used to evaluate the policy to be followed as far as the exchange rate is concerned. The comparison of the price with an average international import-export price converted into domestic currency shows that even if the price evolution of each agricultural product is different, the Purchasing Power Parity (PPP) approach would have required a revaluation of the national currency in 1992 and a devaluation in 1993 |
Cote : | EUR.E-M30-MER-1998 |
URL / DOI : | http://om.ciheam.org/article.php?IDPDF=CI010257 |