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Production Structure and Productivity of Japanese Agriculture : Volume 2: Impacts of Policy Measures by Yoshimi Kuroda (auth.) is a nonfiction available to read on EtoBox.

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The Japanese economy experienced rapid development during the mid-1950s through to the early ₆1970s, with a compound annual average growth rate of higher than ten per cent. Although the labor productivity of the agricultural sector increased fairly sharply, the non-agricultural sectors enjoyed much higher growth rates of labor productivity during the same period of time. This resulted in big income gaps between the agricultural and non-agricultural households. To reduce such income gaps between the two sectors, the Ministry of Agriculture, Forestry, and Fisheries (MAFF) enacted the Agricultural Basic Act in 1961 and started enforcing various policies for agriculture. These representative policy measures have been the output price-supports, in particular rice, the output-mix change, the set-asides, the input subsidies, and the research and extension (R & E) programs. In Volume 2 the (crops-livestock) multiple-product translog variable profit function is used to quantitatively investigate the impacts of the output price-supports, the set-asides, the input subsidies, and the R & E programs on the important economic indicators from 1965₆97. The most important finding based on such quan

Who reads Production Structure and Productivity of Japanese Agriculture : Volume 2: Impacts of Policy Measures?

Author

Yoshimi Kuroda (auth.)

Publisher

Palgrave Macmillan UK Imprint: Palgrave Macmillan

Published

2013

Language

EN

ISBN

9781137287649

Category

nonfiction

Subjects

Business, Economics, Political Science