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The multifunctional character of agriculture is used as a main argument for agricultural support. This argument is theoretical analyzed in a model with decreasing marginal utility and it is shown that such a support must depend on the size of the agricultural sector. Consequently the argument is...
Persistent link: https://www.econbiz.de/10005806063
This paper discusses economic arguments for government intervention and support in agriculture. Two types of arguments seem plausible. The first one refers to the classical view that agriculture has a chronic income problem and therefore governments must intervene to ensure a fair income...
Persistent link: https://www.econbiz.de/10005327509