This paper summarises a decade of research by the authors into the welfare economic foundations for agricultural policy. The main results are that the levels of support to agriculture in rich developed countries like Norway are way out of proportion with what could conceivably be defended by...

The agri-food sector was given remarkable amounts of funding by all German federal states in the framework of the Measure g 'Improving Processing and Marketing of Agricultural Products' within the rural development programs. Based on literature and data we obtained by evalua- ting this program...

The dynamic nature of changes in the macroeconomic environment and various views of Member States on the future of the Common Agricultural Policy in the European Union cause that its shape is usually a result of various forces and factors. They are both, exogenous, related to the situation on...

Agricultural growth has been largely responsible for India's desire for long term food security for its rapidly growing population and making food affordable by price stabilization. It is therefore a big challenge for the policy makers to make policies which enable farmers to efficiently adjust...

should the prevailing market price be below the pre-specified MSP. In this paper, we consider a market consisting of infinitesimally small, rational, and strategic farmers(with heterogeneous production costs) who face market and yield uncertainties. Our equilibrium analysis reveals that (i)...

With increasing farm distress in the wake of falling farm prices in 2017, the State Government of Madhya Pradesh (GoMP) came out with an innovative scheme called Bhavantar Bhugtan Yojana (BBY), a price deficiency payment (PDP) scheme, to support farmers. It covered eight Kharif crops in 2017-18...

In this paper we make a two-fold contribution. We first examine the impact of agricultural subsidies on Greece, using a detailed, micro-panel dataset for four years, 2008, 2010, 2012, and 2014. Our analysis is illuminating at least two aspects of subsidies: first, it suggests that an incentive...

We analyse local compensation payments made to farmers for providing landscape amenities in Alpine tourist communities. These payments result from political bargaining at the municipal level. Panel data estimation shows that the probability of introducing compensation payments depends positively...

From 1 January 2017, loan subsidizing rules for the agricultural sector were largely modified. However, those changes have not resulted in a share of subsidies for large companies being limited. Quotas on subsidies for the small business remained unutilized due to preservation of bureaucratic...

Sustainability is a central target of rural development and common agriculture policy. For ages organic farming has seemed to be the main answer to the question. The article wants to introduce organic farming's characteristics and development in the last decades and the role of CAP in this...