Adjustment to Agricultural Policy Reform - Issues and Lessons from the New Zealand Experience

dc.creatorRae, Allan N.
dc.creatorNixon, Chris
dc.creatorLattimore, Ralph G.
dc.date2017-04-01T15:04:04Z
dc.date.accessioned2026-07-09T03:15:13Z
dc.descriptionPressures for the reform of agricultural policies in wealthy countries will increase. Current policies are expensive and inefficient and impose substantial costs on countries that cannot afford to subsidize their agricultural sectors. A major political impediment to policy reform is the real or assumed costs of adjustment that would be imposed on farmers. In this paper, we illustrate some of the key issues by reference to the New Zealand experience. Issues covered include adjustments in output and input markets, productivity and innovation. Adjustments by farmers and others, along with reforms outside of agriculture, ensured that farm incomes and the agricultural sector recovered from the initial shock of deregulation.
dc.identifierdoi:10.22004/ag.econ.15741
dc.identifierhttps://ageconsearch.umn.edu/record/15741/files/cp03ra01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/15741
dc.identifier.urihttp://hdl.handle.net/123456789/529276
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/15741
dc.titleAdjustment to Agricultural Policy Reform - Issues and Lessons from the New Zealand Experience
dc.typeText

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