THE POLITICAL ECONOMICS OF AGRICULTURAL PRICE SUPPORT IN TURKEY - AN EMPIRICAL-ASSESSMENT

Date

1991-06-01

Author

GURKAN, AA
KASNAKOGLU, H

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The present study is an attempt to explain the variations in the extent of protection provided to the producers of four selected agricultural crops in Turkey by a set of independent variables representing various economic and political events of the 1962–1983 period. The economic variables were selected in order to assess the divergence between the intentions of the policy makers and their actions as reflected in the level of support actually provided; while the political variables were chosen to assess the impact of elections, military takeovers and noticeable shifts in the underlying philosophy of the policy makers on the support provided. The regression analysis suggested that the political power of the agricultural producers was an important determinant of the policies implemented, especially during times of democratic practices; that during times of military regimes, the agricultural sector tends to be less protected; that there is indirect evidence for the existence of political business cycles synchronized to political elections: and, that general conditions in the economy can influence the behavioral rule of the policy makers.

Subject Keywords

Countries, Inflation, Models

URI

https://hdl.handle.net/11511/65808

Collections

Department of Economics, Article