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The role of policy and industry structure in India's oilseed markets


Author:
Persaud, Suresh Chand, Landes, Maurice., United States, Department of Agriculture., and Economic Research Service.
Source:
USDA
Year:
2006
Subject:
Oil industries, Oilseed plants, Processing, Agriculture and state, Free trade, fats and oils industry, oilseed crops, and agricultural policy
Abstract:
High tariff and nontariff protection of the Indian oilseed sector imposes costs on consumers, supports an inefficient processing industry, and has led to negligible gains in oilseed output. Model-based simulations indicate that higher levels of protection would increase the burden on consumers, but do little to meet key policy goals of supporting producers and reducing import dependence. A shift to direct support of oilseed producer prices would increase output, but may be complex to implement and subject to WTO discipline. Liberalization of oilseed imports, by permitting large gains in processing efficiency, could generate a stream of benefits that would allow producers, consumers, and processors to be better off, and also improve the trade balance.
Language:
English
Publisher:
U.S. Dept. of Agriculture, Economic Research Service
Series:
Economic research report (United States. Department of Agriculture. Economic Research Service) ; no. 17
Collection:
USDA publications
Permanent URL:
http://handle.nal.usda.gov/10113/18145