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The Marketable Surplus: Origin and Destination

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Book cover The Political Economy of Agrarian Change

Abstract

The marketable surplus of agricultural commodities has been a topic of considerable interest to many economists and policymakers in underdeveloped countries. In several instances, in fact, it appears that agricultural policy has been more concerned with increasing the amount of food sold in the market than with augmenting the volume of food production. Why has this occurred? Why has the focus of attention, at least until recently, been on sales rather than output?

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Notes

  1. The data in this paragraph were obtained from Utsa Patnaik, The Organisational Basis of Indian Agriculture with Special Reference to the Development of Capitalist Farming (i.e. Based on Wage Labour and Following Economic Criteria for Investment) in Selected Regions in Recent Years, Oxford D. Phil, thesis, 1972, Tables 4.1 and 4.9, pp. 140 and 147 respectively.

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  2. See Leon A. Mears and Saleh Afiff, ‘An Operational Rice Price Policy for Indonesia’, Ekonomi dan Keuangan Indonesia, XVII, 1969.

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  3. Also see D. Usher, The Price Mechanism and the Meaning of National Income Statistics, Clarendon Press, Oxford, 1968, Ch. 14 for a discussion of the chain of rice prices in Thailand.

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  4. Also see Vernon W. Ruttan, ‘Agricultural Product and Factor Markets in South east Asia’, Economic Development and Cultural Change, July 1969.

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  5. Leon A. Mears and Teresa L. Anden, ‘Who benefits from the Post-Harvest Rice Price Rise?’, Institute of Economic Development and Research, School of Economics, University of the Philippines, Discussion Paper No. 71–18, 6 September 1971, p. 19.

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  6. See Uma Lele, ‘The Traders of Shalapur’ in J. Mellor et al., Developing Rural India, Ithaca: Cornell University Press, 1968.

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  7. This argument is carefully developed in I. M. D. Little, T. Scitovsky and M. Scott, Industry and Trade in Some Developing Countries, Oxford University Press, 1970.

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  8. Several countries are discussed in B. Balassa et al., The Structure of Protection in Developing Countries, Johns Hopkins University Press, 1971.

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  9. See Stephen R. Lewis, Jr., ‘Agricultural Taxation and Intersectoral Resource Transfers’, Institute for Development Studies, University of Nairobi, Working Paper No. 4, November 1971, pp. 13–14.

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  10. Data on the marketable surplus were obtained from T. H. Lee, ‘Strategies for Transferring Agricultural Surplus Under Different Agricultural Situations in Taiwan’, Table 1, pp. 26–27, mimeo., 19 July 1971.

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  11. James E. Wimberly, ‘Development of the Rice Drying and Processing Industry in India and Pakistan’, in IRRI, Rice Policy Conference: Current Papers on Rice Technology, 1971, p. 30.

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  12. The description which follows is taken from W. G. Golden, Jr., ‘Rice Production, Processing, Purchasing and Marketing in Ceylon’, in IRRI, Rice Policy Conference: Current Papers on Rice Technology, 1971, pp. 12–13.

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  13. FAO, The Rice Processing Industry in Indonesia, TA 2617, 1969, p. 4.

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  14. James E. Wimberly, op. cit., p. 26.

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  15. J. D. Drilon, Jr., ‘Modernization of. Storage, Drying and Milling’, in IRRI conference papers published as Seminar on Consumption and Marketing of Rice in the Philippines, 1970.

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  16. W. G. Golden, Jr., op. cit., pp. 7–8.

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  17. FAO, The Rice Processing Industry in Ceylon, TA 2380, 1967.

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© 1979 Keith Griffin

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Griffin, K. (1979). The Marketable Surplus: Origin and Destination. In: The Political Economy of Agrarian Change. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-16176-8_5

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