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This is a Quantitative Study study.

October 3, 2025

How Successful Are Government Interventions in Food Markets? Insights from the Philippine Rice Market

Key Points

Government interventions in the Philippine rice market show mixed results in stabilizing prices, especially regionally.
The regional analysis reveals disparities in rice producer prices influenced by the National Food Authority's policies.
Using seemingly unrelated regressions, effectiveness was assessed over 21 years, reflecting varied impacts geographically.
Focusing efforts on poorer areas may enhance government effectiveness in supporting local and thin rice markets.

Abstract

This paper investigates the Philippine government's price stabilization policy for rice. Seemingly unrelated regressions are used to examine the effectiveness of the program at regional and national levels over a 21-year period (January 1983 to December 2003). Results of the regional analysis indicate some National Food Authority (NFA)-induced spatial and temporal differences in terms of producer prices. The authors argue that the NFA should concentrate its efforts in the poorest areas of the country, where it might exert greater and more useful influence in smaller and locally thin rice markets.

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Cite This Study

Gilberto M. Llanto (Sun,) studied this question.

synapsesocial.com/papers/68e01f6472a13f609b3baff2 https://doi.org/https://doi.org/10.62986/pjd2007.34.1b

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