Basic grains imports and domestic price in México : an inverse-demand system approach

Authors

  • M. Ángel Martínez-Damián
  • J. Hernández- Ortiz

Abstract

In this article, the reducing effect of imports on prices of five basic products is estimated: rice (Oryza sativa), bean (Phaseolus vulgaris), maize (Zea mays), sorghum (Sorghum spp.), and wheat (Triticum aestivum). After applying an inverse-demand system, the results show that this effect is lower than one, in proportional terms, and therefore a policy of price regulations based on imports turns out to be costly in expenditure.

Published

2012-12-12

How to Cite

Martínez-Damián, M. Ángel, & Hernández- Ortiz, J. (2012). Basic grains imports and domestic price in México : an inverse-demand system approach. Agricultura, Sociedad Y Desarrollo, 9(4), 401–410. Retrieved from https://revista-asyd.org/index.php/asyd/article/view/1179