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Structural reforms and price liberalization in Mexican agriculture.
- Source :
- Journal of International Development; Jul/Aug1998, Vol. 10 Issue 5, p575-587, 13p, 5 Charts
- Publication Year :
- 1998
-
Abstract
- This paper shows that the policy changes introduced by the Mexican Government in the mid-1980s induced a reduction in the profits of the crop subsector. A simple simulation exercise revealed that, under price liberalization of the four crops studied, the demand for agricultural labour will decline by 6 per cent (equivalent to about 360,000 agricultural workers); the supply of maize is expected to decline by about 11 per cent while the corresponding declines of wheat, sorghum, and beans will be 22, 13, and 5 percent, respectively. The use of fertilizer is also expected to decline to two thirds of its current use. © 1998 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Subjects :
- AGRICULTURAL policy
CORPORATE profits
CROPS
PRICES
AGRICULTURAL laborers
Subjects
Details
- Language :
- English
- ISSN :
- 09541748
- Volume :
- 10
- Issue :
- 5
- Database :
- Complementary Index
- Journal :
- Journal of International Development
- Publication Type :
- Academic Journal
- Accession number :
- 17072274
- Full Text :
- https://doi.org/10.1002/(SICI)1099-1328(199807/08)10:5<575::AID-JID430>3.0.CO;2-L