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The welfare impact of policy interventions in the foodgrain markets in Bangladesh

Mohammad Jahangir Alam UGent, Jeroen Buysse UGent, Ismat Ara Begum, Eric J Wailes and Guido Van Huylenbroeck UGent (2011) JOURNAL OF ECONOMIC POLICY REFORM. 14(3). p.215-225
abstract
The paper attempts to estimate the welfare impact of different policy interventions in the foodgrain markets in Bangladesh using an economic surplus approach. Over the period of analysis, 1980-2003, the loss in consumer surplus exceeded the gain in producer surplus plus the gain in government revenue. Therefore, the interventions resulted in a deadweight welfare loss for society. In contrast, in the policy of liberalization, the gain in consumer surplus and in government revenue is larger than the loss in producer surplus, producing a net welfare gain to society.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
subject
keyword
policy interventions, welfare, Bangladesh, TRADE, economic surplus, foodgrain markets
journal title
JOURNAL OF ECONOMIC POLICY REFORM
J. Econ. Policy Reform.
volume
14
issue
3
pages
215 - 225
Web of Science type
Article
Web of Science id
000299725100003
JCR category
ECONOMICS
JCR impact factor
0.102 (2011)
JCR rank
309/320 (2011)
JCR quartile
4 (2011)
ISSN
1748-7870
DOI
10.1080/17487870.2011.570092
project
Biotechnology for a sustainable economy (Bio-Economy)
language
English
UGent publication?
yes
classification
A1
copyright statement
I have transferred the copyright for this publication to the publisher
id
1320834
handle
http://hdl.handle.net/1854/LU-1320834
date created
2011-06-23 10:10:55
date last changed
2015-06-17 09:38:41
@article{1320834,
  abstract     = {The paper attempts to estimate the welfare impact of different policy interventions in the foodgrain markets in Bangladesh using an economic surplus approach. Over the period of analysis, 1980-2003, the loss in consumer surplus exceeded the gain in producer surplus plus the gain in government revenue. Therefore, the interventions resulted in a deadweight welfare loss for society. In contrast, in the policy of liberalization, the gain in consumer surplus and in government revenue is larger than the loss in producer surplus, producing a net welfare gain to society.},
  author       = {Alam, Mohammad Jahangir and Buysse, Jeroen and Ara Begum, Ismat and Wailes, Eric J and Van Huylenbroeck, Guido},
  issn         = {1748-7870},
  journal      = {JOURNAL OF ECONOMIC POLICY REFORM},
  keyword      = {policy interventions,welfare,Bangladesh,TRADE,economic surplus,foodgrain markets},
  language     = {eng},
  number       = {3},
  pages        = {215--225},
  title        = {The welfare impact of policy interventions in the foodgrain markets in Bangladesh},
  url          = {http://dx.doi.org/10.1080/17487870.2011.570092},
  volume       = {14},
  year         = {2011},
}

Chicago
Alam, Mohammad Jahangir, Jeroen Buysse, Ismat Ara Begum, Eric J Wailes, and Guido Van Huylenbroeck. 2011. “The Welfare Impact of Policy Interventions in the Foodgrain Markets in Bangladesh.” Journal of Economic Policy Reform 14 (3): 215–225.
APA
Alam, M. J., Buysse, J., Ara Begum, I., Wailes, E. J., & Van Huylenbroeck, G. (2011). The welfare impact of policy interventions in the foodgrain markets in Bangladesh. JOURNAL OF ECONOMIC POLICY REFORM, 14(3), 215–225.
Vancouver
1.
Alam MJ, Buysse J, Ara Begum I, Wailes EJ, Van Huylenbroeck G. The welfare impact of policy interventions in the foodgrain markets in Bangladesh. JOURNAL OF ECONOMIC POLICY REFORM. 2011;14(3):215–25.
MLA
Alam, Mohammad Jahangir, Jeroen Buysse, Ismat Ara Begum, et al. “The Welfare Impact of Policy Interventions in the Foodgrain Markets in Bangladesh.” JOURNAL OF ECONOMIC POLICY REFORM 14.3 (2011): 215–225. Print.