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Agricultural Supply Response and Structural Adjustment in Ghana and Burkina Faso — Estimates from Macro-Level Time-Series Data

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Abstract

Liberalisation of prices is a major element of structural adjustment programmes which have been implemented in many African countries since the beginning of the 1980s. One of the main objectives of price liberalisation is to increase the relative prices of agricultural products with the purpose of stimulating agricultural production. Measures taken to this effect include the abolition of government control of most agricultural prices, devaluation of the exchange rate, and reduction of protective import tariffs for industrial products.

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© 1997 Springer Science+Business Media Dordrecht

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Fosu, K.Y., Heerink, N., Ilboudo, K.E., Kuiper, M., Kuyvenhoven, A. (1997). Agricultural Supply Response and Structural Adjustment in Ghana and Burkina Faso — Estimates from Macro-Level Time-Series Data. In: Asenso-Okyere, W.K., Benneh, G., Tims, W. (eds) Sustainable Food Security in West Africa. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6105-7_7

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  • DOI: https://doi.org/10.1007/978-1-4615-6105-7_7

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-7797-9

  • Online ISBN: 978-1-4615-6105-7

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