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The impact of India's food security policy on domestic and international rice market

机译:印度粮食安全政策对国内和国际大米市场的影响

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摘要

Food security policy making in India is at crossroads. India has emerged as a leading rice exporter. The Government of India has introduced the National Food Security Act which requires 33.6 million tons of rice per year for its public food distribution system. In this study, we modeled India's rice market and analyzed policy implications of the long-term impact of India's food security act on domestic and international rice market. We developed a structural economic demand and supply model for India's rice market and further added subsidy equations to trace the consequence of National Food Security Act on domestic rice consumption and on the international market. We specifically focus on three different scenarios: subsidy as price effect, subsidy as inelastic income effect, and subsidy as elastic income effect under the broader framework of National Food Security Act. We found that at the end of the projection period (2024-2025), as a result of rice subsidy program, the consumption of rice increases significantly in the case of price effect while the inelastic income effect has no or less impact on production, consumption, and export of rice. Hence, the policy implication of our study is that if the objective of the National Food Security Act is to increase consumption then it needs to be implemented as price effect. (C) 2017 The Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.
机译:印度的粮食安全政策制定正处于十字路口。印度已成为大米的主要出口国。印度政府实施了《国家粮食安全法》,该法每年需要3360万吨大米用于其公共粮食分配系统。在本研究中,我们对印度大米市场进行了建模,并分析了印度粮食安全法案对国内和国际大米市场的长期影响的政策含义。我们为印度大米市场开发了结构性的经济供求模型,并进一步添加了补贴等式,以追溯《国家粮食安全法》对国内大米消费和国际市场的影响。在《国家粮食安全法》更广泛的框架下,我们特别关注三种不同的情况:作为价格效应的补贴,作为非弹性收入效应的补贴以及作为弹性收入效应的补贴。我们发现,在预测期末(2024年至2025年),由于实施了大米补贴计划,在价格效应的情况下,大米的消费量显着增加,而非弹性收入效应对生产,消费几乎没有影响。 ,并出口大米。因此,我们研究的政策含义是,如果《国家粮食安全法》的目标是增加消费,那么就需要以价格效应来实施它。 (C)2017年政策建模学会。由Elsevier Inc.出版。保留所有权利。

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