|
|
Price support |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Price supportGovernment action to increase the price of a product, usually by buying it. May be associated with a price floor.Price supportGovernment intervention to set an artificially high price through the use of a price floor designed to aid producers.Price support Similar MatchesProducer support estimateProducer support estimateIntroduced by the OECD to quantify support in agriculture, it measures "transfers from consumers and taxpayers to agricultural producers as a result of measures [of] support," expressed as percentage of gross farm receipts. Also called producer subsidy equivalent. See also CSE. Domestic supportDomestic supportAn policy that assists domestic industry, including a subsidy to production, payment not to produce, price support, and other means of increasing the income of producers. SupportSupportAn effective lower bound on prices supported because of many willing buyers at that price level. Consumer support estimateConsumer support estimateIntroduced by the OECD to quantify agricultural policies, this measures transfers to or from consumers that are implicit in these policies. Since industrialized-country agricultural producers are routinely supported by raising prices, CSE estimates are usually negative. See also PSE. Support levelSupport levelA price level below which it is supposedly difficult for a security or market to fall. That is, the price level at which a security tends to stop falling because there is more demand than supply; can be identified on a technical basis by seeing where the stock has bottomed out in the past. Further SuggestionsAggregate measure of supportAggregate measurement of support Self supporting debt Lateral Support support level |
|
|
|