This study examines pricing policy in Argentina from 1950-1975 for seven major agricultural products. Based on estimates of coefficients of nominal and effective protection, price and tax discrimination against producers appears to have declined between the 1950's and the 1960's. This was probably a contributing factor to the improved growth performance of Argentine agriculture in the 1960's, as compared with the previous decade. Estimates of domestic resource costs for grains suggest that, while Argentina has a comparative advantage in grain production, this advantage deteriorated for wheat in 1960-74, but improved in the cases of corn and grain sorghum as a result of recent productivity gains for these two crops. The high taxation to which the grains were subjected during these years implied a massive redistribution of incomes from producers largely to consumers and the Government, with consumers collecting about half of the income transfer and the Government one-third. Argentina's comparative advantage as defined by various estimates of domestic resource costs appears clear-cut in the case of wool but less certain for cattle and cotton.
Details
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Author
RECA, L.
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Document Date
1980/04/30
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Document Type
Staff Working Paper
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Report Number
SWP386
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/07/01
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Doc Name
Argentina : country case study of agricultural prices and subsidies
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Keywords
labor absorption;wheat;grain sorghum;Crop;beef cattle;agricultural sector;total agricultural production;world price;beef production;export tax;primary factors of production;comparative advantage;resource cost;legal point of view;country case study;Agriculture;domestic price;rate of growth;factor of production;beef price;effect of price;cost of production;federal land tax;cost of living;border price;opportunity cost;Livestock Production;aggregate production function;scarcity of labor;world war ii;increase in labor;domestic producer price;general price level;price of land;federal income tax;crop and livestock;total maintenance cost;income tax revenue;agricultural income tax;average exchange rate;price of output;prices of input;increases in output;multiple exchange rate;meat packing industry;minimum income tax;high yielding variety;income tax liability;income distribution effects;official exchange rate;resistance to drought;state land taxes;rent of land;burden of taxation;rates of interest;agricultural productivity increase;fixed exchange rate;labor productivity increase;direct government intervention;fruit and vegetable;total output;fattening ranch;effective subsidy;
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Citation
RECA, L.
Argentina : country case study of agricultural prices and subsidies (English). Staff working paper ; no. SWP 386 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/973501468769292951/Argentina-country-case-study-of-agricultural-prices-and-subsidies