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How prices and macroeconomic policies affect agricultural supply and the environment (Английский)

The author studies the literature on how agricultural prices and macroeconomic policies affect agricultural supply and how that supply affects the environment. He addresses the question of how effective agricultural incentives are in boosting the agricultural supply, particularly in sub-Saharan Africa. The literature generalizes that farmers are rational. They increase their output in response to an increase in real output prices. The agricultural...
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