Producer Support Estimates of Taiwan’s Hog Industry

碩士 === 臺灣大學 === 農業經濟學研究所 === 98 === Hog industry has the highest production value since 1986 both in crop and livestock sectors. Due to its significant contribution to agriculture, it is important to know how much the industry has been supported by the government. The agricultural support estimates...

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Bibliographic Details
Main Authors: Chun-Hsiang Chen, 陳俊翔
Other Authors: 陳郁蕙
Format: Others
Language:zh-TW
Published: 2010
Online Access:http://ndltd.ncl.edu.tw/handle/00760526012311654311
Description
Summary:碩士 === 臺灣大學 === 農業經濟學研究所 === 98 === Hog industry has the highest production value since 1986 both in crop and livestock sectors. Due to its significant contribution to agriculture, it is important to know how much the industry has been supported by the government. The agricultural support estimates developed by OECD and the time series data over 1990-2008 are used to calculate Producer Support Estimate (PSE), Market Price Support (MPS), Percentage Producer Support Estimate (%PSE). The empirical results show that the average PSE of Taiwan’s hog industry over 1990-2008 is NT$ 10.48 billion, implies hog producers get NT$ 10.48 billion both from the government and consumers. The average MPS in the same period is NT$ 10.24 billion, which is 97.7% of PSE, incidating support levels of Taiwan hog industry mainly based on MPS. The average %PSE during the period of 1990-2008 is 14.51%, representing 14.51% of gross farm receipts of farmers is coming from the agricultural support. Besides, PSE, MPS, and %PSE, which calculated by the nominal equilibrium exchange rate, are NT$ 10.91 billion, NT$ 9.05 billion, and 15.21% respectively. The exchange rate adjustments increase the PSE for NT$ 4.3 billion, %PSE for 0.71%, decrease MPS for NT$ -11.9 billion, meaning that exchange rate adjustments indeed have influence on support estimates.