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At the academic level and in political practice, participatory and evidence-based political processes are increasingly recognized as mechanisms that guarantee more efficient political decisionmaking. However, no theoretical framework that allows a clear definition of participatory and...
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This chapter surveys studies that have used the methods of mechanism design, optimal taxation, nonlinear pricing, and principal-agent analyses in the analysis of agricultural policy. The optimal design and reform of agricultural policy are studied under the presumption that agricultural...
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
Macroeconomic events and policies strongly influence agricultural sector outcomes. Chapters synthesized here delineate both feed-forward and feedback linkages between agriculture and the macroeconomy, examining how relationships change as countries develop and undergo structural transformation....
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