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THE POLICY ANALYSIS MATRIX FOR AGRICULTURAL DEVELOPMENT

PART I: INTRODUCTION

I. THE ROLE OF AGRICULTURAL POLICY ANALYSIS

Rationales for Intervention

The Evaluation of Policy

Bibliographical Note to Chapter 1

II. INTRODUCTION TO THE POLICY ANALYSIS MATRIX

Practical Issues Addressed

The Policy Analysis Matrix

Private Profitability

Social Profitability

Effects of Divergences

Comparisons among Agricultural Systems Producing Different Outputs

Dynamic Comparative Advantage

Concluding Comments

Bibliographical Note to Chapter 2

PART II: EVALUATION OF AGRICULTURAL POLICY

III. COMMODITY POLICY

Classification of Price Policies

Illustrations of Distorting Price Policies

Multiple Interventions

PAM and the Evaluation o f Commodity Policy

Efficient Policies That Offset Market Failures

Concluding Comments

Bibliographical Note to Chapter 3

IV: FACTOR POLICY

Classification o f Factor Policies

Distorting Policies-Regulated Prices

Dynamic Effects o f Factor Policies

PAM and the Evaluation of Factor Prices

V. MACROECONOMIC POLICY

Elements of Macroeconomic Policy

Macro-Micro Linkages

PAM and the Evaluation of Macroeconomic Policies

Concluding Comments

Bibliographical Note to Chapter 5

PART III. SOCIAL VALUATION IN THE POLICY ANALYSIS MATRIX

VI. SOCIAL VALUATION OF COMMODITIES

Social Prices in a General Equilibrium Model

Exchange Rates and Social Valuation

Nontradable Goods and Social Valuation

Concluding Comments

Bibliographical Note to Chapter 6

VII: SOCIAL VALUATION OF FACTORS

Price Determination in Factor Markets

Divergences and Social Factor Prices

Concluding Comments

Bibliographical Note to Chapter 7

IV. EMPIRICAL ESTIMATION OF THE POLICY ANALYSIS MATRIX

VIII. CONSTRUCTING PAMS FOR COMMODITY SYSTEMS

The Estimation Strategy

Defining the Commodity System

Classification of Inputs and Outputs

Evaluation o f Inputs and Outputs

Concluding Comments

Bibliographical Note to Chapter 8

IX. FARM-LEVEL BUDGETS AND ANALYSIS

Selection of Representative Crop Activities

Procedures for Budget Preparation

Collection of Input and Output Data

Complex Commodity Systems

Technological Change and Partial Budgeting

Concluding Comments

Bibliographical Note to Chapter 9

X. POST-FARM BUDGETS AND ANALYSIS

Selection of Representative Postfarm Activities

Procedures for Budget Preparation

Survey Strategies

Concluding Comments

Bibliographical Note to Chapter 10

XI. ESTIMATING SOCIAL PROFITABILITY

Estimating Social Prices for Tradables

Estimating Social Prices for Domestic Factors

Estimating Input Use o f the Commodity System

XII. INTERPRETATION AND COMMUNICATION OF PAM RESULTS

Interpretation of the Effects of Divergences

Output Transfers

Tradable-Input Transfers

Factor Transfers

Net Transfers

The Policy Analysis Matrix and Agricultural Planning

Communicating Results to Policy-Makers

Essential Elements of Policy Memos

Illustration of Elements of a Policy Memo

Concluding Comments

XIII. THE PRACTICE OF AGRICULTURAL POLICY ANALYSIS

Framework for Agricultural Policy Analysis

Effectiveness o f Price Policies

Linkages between Macroeconomic and Agricultural Price Policies

The Policy Analysis Matrix

Price Policy Graphs

Concluding Comments


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