1887

OECD Food, Agriculture and Fisheries Papers

Selected studies on various food, agriculture and fisheries issues from the OECD Trade and Agriculture Directorate.

NB. No. 1 to No. 58 were released under the previous series title OECD Food, Agriculture and Fisheries Working Papers.

English

Is the Concept of the Producer Support Estimate in Need of Revision?

OECD’s Producer Support Estimate (PSE) is the only available source of internationally comparable information on support levels in agriculture. It attracts much attention and receives wide media coverage, not the least in reports that are critical of the way some agricultural policies are pursued. Interpretation of PSE results is not always in line with the underlying concepts, and often too narrowly focused on a few aggregate numbers. Against this background, the PSE approach as used by OECD has been criticized as providing potentially misleading information. This note deals with three central questions raised in such criticism.

English

JEL: Q18: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Agriculture / Agricultural Policy; Food Policy; F13: International Economics / Trade / Trade Policy; International Trade Organizations
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error