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We study the political economy of instrument choice in agricultural and food policies. After a review of the historical evolution of European agricultural price and trade policy instruments since 1880, we develop a political economy model of instrument choice. The key predictions of the model...
Persistent link: https://www.econbiz.de/10014184756
studied under the presumption that agricultural producers are better informed about their technology or their actions than … technology, but the regulator does not. Hidden action occurs when only the farmer has exact information on the conditions …
Persistent link: https://www.econbiz.de/10014024092
This chapter first discusses what economists mean by “the incidence of agricultural policy” and why we care about it. Then it reviews models of the determinants of the differential incidence of different policies among interest groups such as suppliers of factors of production, consumers,...
Persistent link: https://www.econbiz.de/10014024093
PARI's main goal is to contribute to sustainable agricultural growth and food security in Africa and India by supporting the scaling of proven innovations in the agri-food sector in collaboration with all relevant actors. PARI accompanies specified innovations with ex-ante impact research and...
Persistent link: https://www.econbiz.de/10011811128
In democratic systems, elections are considered a mechanism to ensure that efficient policies seeking the wellbeing of the population are implemented by the government, although the reality often reflects the opposite. Governments usually act inefficiently due to problems of government...
Persistent link: https://www.econbiz.de/10012592737
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10013218288
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10013218645
This chapter studies second-best models of nutritional externalities, credit, and incomplete markets for risk, developing implications for welfare-improving government policy using primitive economic building blocks. Using a simple model of altruism wherein the rich obtain utility from the...
Persistent link: https://www.econbiz.de/10014024091
This paper uses retail scanner data to construct panel price indices for the Thrifty Food Plan (TFP) basket and uses the indices to estimate the real value of SNAP benefits. We find that the inflation rates and the price levels of TFP basket vary substantially across the 48 contiguous states and...
Persistent link: https://www.econbiz.de/10012826186
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10012591243