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Economic analysis of the effects of rice price distortions in Pakistan: 1975-90

Economic analysis of the effects of rice price distortions in Pakistan: 1975-90

Pakistan Development Review 32(4, II): 859-870

Price distortions induce inefficient utilization of resources by giving incorrect signals to producers and consumers. These distortions may be caused by monopolistic tendencies, preferential treatment of a particular sector of the economy, the established diffusion of a particular product or input, or from deliberate and/or inadvertent government policies of subsidies and price supports in pursuance of certain social or economic objectives.

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