The policy analysis matrix applied to agricultural commodity markets

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dc.creatorShapiro, Barry I.
dc.creatorStaal, Steven J.
dc.date1995
dc.date2014-10-31T06:08:19Z
dc.date2014-10-31T06:08:19Z
dc.date.accessioned2026-06-27T17:09:46Z
dc.descriptionThe critical role of policy in the functioning of agricultural commodity markets is being increasingly recognized. Governments often intervene in commodity markets through prices, regulations, and macro-policies. Policies affect financial returns and comparative advantage. The Policy Analysis Matrix (PAM) can be used to study policy effects at each level of the commodity chain, as well as their effects on alternative technologies. The PAM methodology identifies the cost and revenue structure of marketing activities to evaluate the effects of policy. Non-price factors, including institutional forms of market failure, are often as important as price factors in explaining market functioning. Causes of market failure and effects of investments to improve market performance can also be studied. This chapter presents the PAM methodology and illustrates its use applied to a dairy marketing system at Nyeri, Kenya.
dc.identifierhttps://hdl.handle.net/10568/49739
dc.identifier.urihttp://hdl.handle.net/123456789/144057
dc.languageen
dc.publisherLynne Rienner Publishers, Inc.
dc.rightsOpen Access
dc.subjectdeveloping countries
dc.subjectdairy industry
dc.subjectcommodity markets
dc.subjectagricultural policies
dc.subjectcosts
dc.subjectsocial values
dc.subjectprices
dc.subjectmilk production
dc.subjectmarketing
dc.titleThe policy analysis matrix applied to agricultural commodity markets
dc.typeReport

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Instituto Internacional de Investigaciones Pecuarias (ILRI)