Economic Analysis of a Reserve Stock Program for Rice in the Philippines. Rice Policies in Southeast Asia Project Working Paper No. 7

摘要

To help the Government of the Philippines decide whether or not to establish a program to reserve stocks of rice, the country's main staple, this report analyzes the economic costs and benefits associated with such a program. First, an econometric model demonstrating how a reserve stock program can stabilize rice prices is presented and the costs and benefits of such a program are analyzed. Next, following a review of past trends in Philippine rice production and consumption, the econometric model is used in conjunction with a reserve stock management simulation model.