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studied under the presumption that agricultural producers are better informed about their technology or their actions than … technology, but the regulator does not. Hidden action occurs when only the farmer has exact information on the conditions …
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
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10012591243
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10012599009
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10013218288
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10013218645
This chapter studies second-best models of nutritional externalities, credit, and incomplete markets for risk, developing implications for welfare-improving government policy using primitive economic building blocks. Using a simple model of altruism wherein the rich obtain utility from the...
Persistent link: https://www.econbiz.de/10014024091
This study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD...
Persistent link: https://www.econbiz.de/10010277255
In der WTO-Agrarhandelsrunde von Doha geht es neben dem Abbau von Exportsubventionen und der Abschaffung von Marktzugangsbeschränkungen auch um die weitere Reduktion von internen Subventionen, die als produktions- und damit handelsverzerrend eingestuft sind. Eine Gruppe von Ländern, darunter...
Persistent link: https://www.econbiz.de/10010346455
Widespread public support exists for the provision of natural amenities, such as lakes, rivers or wetlands, and for efforts to preserve these from agricultural pollution. Agri-environmental policies contribute to these efforts by encouraging farmers to adopt environmentally friendly practices...
Persistent link: https://www.econbiz.de/10013059062