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Risk Effects of PSE Crop Measures

This paper is a first attempt to estimate some of the risk-related effects of

agricultural policies as classified in the Producer Support Estimates (PSEs). This is a relatively new area of research and, therefore, all the results have to be interpreted with caution. Specific conclusions about specific programmes would require more sophisticated empirical testing. The results in this study are first approximations to the relative magnitude of these risk related effects.


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