Bonus without a reason: The minimum level of price premium required to shift wheat producers' behaviour

Taro Takahashi, Kensuke Okada, Nobuhiro Suzuki, Koshi Maeda

研究成果: Contribution to journalArticle査読

抄録

The publicly funded quality bonus scheme in Japanese wheat market provides the government with a unique opportunity for mechanism design to attract high-quality grains, although the present level of bonus is said to be too low to induce changes in producers' behaviour. Based on the production functions formulated and estimated to explain both the yield and the protein content of hard wheat, this study derives the minimum level of quality bonus required to induce domestic producers to target quality rather than quantity, a shift required so that the quality of domestic grains becomes comparable to that of imported commodities. The result suggests that a bonus of ¥70,000 per tonne is required to change producers' behaviour, casting a doubt on the effectiveness of the current scheme set at ¥31,167 per tonne.

本文言語英語
ページ(範囲)191-193
ページ数3
ジャーナルJournal of the Faculty of Agriculture, Kyushu University
58
1
出版ステータス出版済み - 2 1 2013

All Science Journal Classification (ASJC) codes

  • バイオテクノロジー
  • 農業および作物学

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