Grain Marketing Parastatals in Asia: Results from Six Case Studies

Rashid, Shahidur; Cummings, R. W.; Gulati, Ashok

doi:10.1016/j.worlddev.2006.12.006

Cited by 44 publications

(22 citation statements)

References 10 publications

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“…It showed that the price stabilization policy had an impact on the income distribution among the vested interest groups in the rice market. Rashid et al (2007) revealed that involvement of parastatal in food grain market intervention was no longer convincing. The cost of parastatal-led price stabilization was staggering and the price policies were being dictated by special interests.…”

Section: Social Cost Estimationmentioning

confidence: 99%

Political Economic Analysis of Rice Self-Sufficiency in Indonesia

Nuryanti¹,

Hakim²,

Siregar³

et al. 2018

Indones. J. Agric. Sci.

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Rice self-sufficiency is an important programme in Indonesia. The programme has four major targets, i.e. increasing production, stabilizing prices and reserve stocks, and minimizing import. For that purpose, the government gave a mandate to a parastatal, namely National Logistic Agency (Bulog) in implementing the rice policies. Some studies found that involvement of such a parastatal could lead to government failure in budget allocation. The study aimed to estimate social cost of rice self-sufficiency programme based on the implementation of rice instrument policies by Bulog. The study used the national annual data of 2002-2014 period. The method used was the political preference function model to estimate economic rent and dead-weight loss using rice price elasticity of demand and supply. The result showed that in terms of percentage of food security budget, the average of economic rent reached IDR 6.37 trillion per annum (18.54%), while the average of dead-weight loss amounted at IDR 0.90 trillion per annum (2.34%). It proved that rice self-sufficiency programme along with the involvement of Bulog was economically inefficient. The government should provide better agricultural infrastructure, review governmental procurement prices, and stop rice import policy to remedy market failure. [Kata kunci : beras, dana, kebijakan, swasembada]

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Section: Social Cost Estimationmentioning

confidence: 99%

Political Economic Analysis of Rice Self-Sufficiency in Indonesia

Nuryanti¹,

Hakim²,

Siregar³

et al. 2018

Indones. J. Agric. Sci.

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show abstract

“…The fact that the international rice market has been historically thin and unstable forced countries in this region to prevent the transmission of world price fluctuations to domestic markets (Dawe and Timmer 2012;Rashid et al 2007). Storage-based public intervention policies have been part of their development agenda for many years to control food availability in the market.…”

Section: National Food Reserves In Southeast Asiamentioning

confidence: 99%

“…Rashid et al (2007) argued that storage-based pricestabilization policies benefit countries through price stability and better agricultural performance. Southeast Asian countries were among those that successfully New Order Reform Fig.…”

Section: Benefits and Costs Of National Reservesmentioning

confidence: 99%

“…The 2008 crisis, in particular, highlighted that low levels of food stocks make countries vulnerable to excessive price volatility even only with low levels of supply or demand shocks ). Countries in Southeast Asia have been using storage-based price stabilization for decades (Rashid et al 2007). Grain price stabilization in the Philippines started in 1960s, carried out by Rice and Corn Administration (RCA) and Rice and Corn Board (RICOB).…”

Section: Introductionmentioning

confidence: 99%

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