This paper proposes modifications to the existing EU set-aside policy which are designed to alleviate the problem of output slippage associated with heterogeneous land quality by using "incentive-compatible" mechanisms drawn from principal-agent theory. Specifically, it is suggested that there...

This study is motivated by the proposition that the objectives of the AWB Ltd have changed since semi-privatisation of the Australian Wheat Board under the Wheat Marketing Act, 1989. Conceptualising this change of objectives as a shift from revenue maximization to profit maximization, this study...

This study is motivated by the proposition that the objectives of the AWB Ltd havechanged since semi-privatisation of the Australian Wheat Board under the WheatMarketing Act, 1989. Conceptualising this change of objectives as a shift from revenuemaximization to profit maximization, this study...

This paper examines the joint impact of wheat market deregulation and removal of the wool Reserve Price Scheme on Australian wheatbelt farmers using a simple model of land allocation between the two products and empirical details of the impact of the two policy changes on farmers' uncertain...

In this paper we review some recent studies of the impact of National Competition Policy on rural Australia. National Competition Policy has tended to assume that both domestic and international deregulation of industry leads to a shift from a noncompetitive to a competitive industry structure....

The Chinese government introduced some pro-farmed policies in the mid 1990s. This has caused some concerns from other countries on whether and how such policy initiatives would affect China's agricultural trade. This study uses OECD's methodology to calculate producer support estimates (PSEs)...