PRICE SCISSORS IN TURKISH AGRICULTURE

Date

1990

Author

Mutlu, Servet

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Squeeze of price scissors.under certain conditions, is a way of transferring resources out of agriculture to industry and urban sector at the early stages of development. The internal terms of trade in Turkey were, in general, against agriculture in the 1960s, became veiy favorable in the 1970s, deteriorated sharply in 1980. and exhibited a gradual recovery in the mid- 1980s. Crop categories exhibited differential movements. Grains and industrial crops, the processed products of which form the wage goods, and whose prices were much influenced by governmental price floors and trade policies, had unfavorable terms of trade during most of the period. Rural welfare moved in step with the terms of trade. Both were better during times of electoral competition than during periods when the bureaucracy was relatively influential in decision making as in the 1960s or when the economy was under its direct control as in the early 1980s.

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https://hdl.handle.net/11511/110964

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Department of Business Administration, Article