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TESTING THE LINK BETWEEN PUBLIC INTERVENTION AND FOOD PRICE VARIABILITY: EVIDENCE FROM RICE MARKETS IN THE PHILIPPINES

By Elmer Martinez, Gerald E. Shively and William J. Masters

Abstract

Monthly price data from the Philippines are used to test the influence of government buffer-stock programs on the level and variability of rice prices from 1974-1990. Results do not support the conjecture that prices were correlated with stock purchases.Agricultural and Food Policy, Demand and Price Analysis,

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Citations

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