Generic income stabilization schemes, which resemble an actual NISA policy adopted recently in Canada, encourage farmers to set aside funds in high income year for use in low income years through a formal procedure. Their economic effects are investigated using the prudent farm household model....

Purpose – The purpose of this paper is to develop a dynamic computable general equilibrium (DCGE) model to analyze economy-wide impacts of different types of public spending in China. A particular focus is placed on their impacts on food economy. Design/methodology/approach – In this paper,...

Feeding nine billion people by 2050 is a top priority on the global agenda for sustainable and inclusive development. This task is especially formidable in Asia, where more than two-thirds of the world’s poor and malnourished people live. Food prices in Asia are projected to remain high...

The Chinese economy has recently experienced a rapid and fundamental transformation, and the public expenditure on agriculture has also changed to reflect shifts in policy priorities. This paper reviewed public agricultural expenditure in a comprehensive way using detailed expenditure data at...

This paper provides a comprehensive review of agricultural policy and public agricultural expenditure (PAE) in China. China shifted away from taxing agriculture to supporting agriculture in the mid-2000s, but the sector faces mounting demographic, biophysical, and trade challenges. PAE in China...

The provincial government of Alberta in Canada experiences significant annual revenue variability arising from changes in crude oil and natural gas prices. This research evaluated whether Alberta’s non-renewable revenue risk could be managed using a derivatives hedging program. Results from a...

Tax policy has been proposed as a possible instrument for reducing the incidence of obesity and diet-related non-communicable diseases. This has become popularly known as the "fat tax" approach. Also, physical access to energy-dense, nutrition-poor food items has been suggested as a causal...