S. Jha et Pv. Srinivasan, FOODGRAIN PRICE STABILIZATION - IMPLICATIONS OF PRIVATE STORAGE AND SUBSIDIZED FOOD DISTRIBUTION, Journal of policy modeling, 19(6), 1997, pp. 587-604
Through simulation exercises, this paper explores the implications of
private storage and subsidized distribution of foodgrain for price sta
bilization policies in India. A multimarket equilibrium approach is us
ed to incorporate the simultaneity in the determination of supply and
demand for the three major cereals, namely, rice, wheat, and coarse ce
reals. The policy implications of the results obtained are relevant to
the current debate on agricultural policy reforms in India. (C) 1997
Society for Policy Modeling. Published by Elsevier Science Inc.