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Producer Subsidy Equivalent
The producer support estimate (PSE) (formerly producer subsidy equivalent) is an indicator of the annual monetary value of gross transfers from consumers and taxpayers to agricultural producers, measured at the farm gate level, arising from policy measures that support agriculture, regardless of their nature, objectives or impacts on farm production or income. Examples include market price support, and payments based on output, area planted, animal numbers, inputs, or farm income. PSEs, which are updated and published annually by the Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ..., can be expressed in monetary terms: as a ratio to the value of gross farm receipts valued at farm gate prices, including budgetary support (percenta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Price Support
Market price support (MPS) is an indicator, developed by the OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ..., used in the calculation of Producer and Consumer Subsidy Equivalents (PSE/CSE). The PSE and CSE acronyms were changed in 1999 to Producer and Consumer Support Estimate. MPS is the annual monetary value of gross transfers from consumers and taxpayers to agricultural producers arising from policy measures creating a gap between domestic market prices and border prices of a specific agricultural commodity measured at the farm gate level. Conditional on the production of a specific commodity, MPS includes the transfer to producers associated with both production for domestic use and exports and is measured by the price gap applied to current production. The MPS is net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisation For Economic Co-operation And Development
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a Forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are High income economy, high-income economies with a very high Human Development Index, Human Development Index (HDI), and are regarded as Developed country, developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of List of countries by GDP (nominal), global nominal GDP (US$49.6 trill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Support Estimate
The Consumer support estimate (CSE) is an OECD indicator of the annual monetary value of gross transfers to (from) consumers of agricultural commodities, measured at the farm gate level, arising from policy measures which support agriculture, regardless of their nature, objectives or impacts on consumption of farm products. The CSE can be expressed in monetary terms; as a ratio to the value of consumption expenditure valued at farm gate prices, including budgetary support to consumers (percentage CSE); or as a ratio to the value of consumption expenditure valued at world market prices, without budgetary support to consumers. See also *Effective rate of protection *Producer support estimate * General services support estimate *Total support estimate The total support estimate (TSE) is an Organisation for Economic Co-operation and Development (OECD) indicator of the annual monetary value of all gross transfers from taxpayers and consumers arising from policy measures that support agri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Effective Rate Of Protection
In economics, the effective rate of protection (ERP) is a measure of the total effect of the entire tariff structure on the value added per unit of output in each industry, when both intermediate and final goods are imported. This statistic is used by economists to measure the real amount of protection afforded to a particular industry by import duties, tariffs or other trade restrictions. History Early work on the concept was undertaken by Clarence Barber. The idea was developed and applied to policy analysis by Max Corden. Explanation Consider a simple case: there is a tradable good (shoes) that uses one tradable input to produce (leather). Both shoes and leather are imported into the home country. Suppose that in the absence of any tariffs, shoes use $100 worth of leather to make, and shoes sell for $150 in the international markets. Shoemakers around the world add $50 of value. If the home country imposes a 20% tariff on shoes, but no tariff on leather, shoes would sell for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Total Support Estimate
The total support estimate (TSE) is an Organisation for Economic Co-operation and Development (OECD) indicator of the annual monetary value of all gross transfers from taxpayers and consumers arising from policy measures that support agriculture, net of the associated budgetary receipts, regardless of their objectives and impacts on farm production and income, or consumption of farm products. The TSE can be expressed in monetary terms or as a percentage of the gross domestic product. In addition to the TSE, other measures used to compare levels of support to agriculture across counties include the producer support estimate (PSE), consumer support estimate The Consumer support estimate (CSE) is an OECD indicator of the annual monetary value of gross transfers to (from) consumers of agricultural commodities, measured at the farm gate level, arising from policy measures which support agriculture, regard ... (CSE), and general services support estimate (GSSE). References *{{CRS, arti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Economics
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics.Daniel A. Sumner, Julian M. Alson, and Joseph W. Glauber (2010). "Evolution of the Economics of Agricultural Policy", ''American Journal of Agricultural Economics'', v. 92, pp. 403-423. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural polic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
