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The incidence of agricultural policy

In: Handbook of Agricultural Economics

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  • Alston, Julian M.
  • James, Jennifer S.

Abstract

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, middlemen, taxpayers, and others. Results are represented in terms of Marshallian economic surplus, and surplus transformation curves. After reviewing the results from standard models under restrictive assumptions, certain assumptions are relaxed in order to analyze the effects of imperfect supply controls, variability, cheating and imperfect enforcement of policies, and the dynamics of supply.

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This chapter was published in:

  • B. L. Gardner & G. C. Rausser (ed.), 2002. "Handbook of Agricultural Economics," Handbook of Agricultural Economics, Elsevier, edition 1, volume 2, number 4, 00.
    This item is provided by Elsevier in its series Handbook of Agricultural Economics with number 4-33.

    Handle: RePEc:eee:hagchp:4-33

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    Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description

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