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Disconnections in US and EU Agricultural Policy and Trade Negotiations: A Transaction Cost Politics Approach

Author

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  • Young, Linda M.
  • Hansen, Kathleen C.

Abstract

This article investigates aspects of the institutions and decision making processes in the United States and the European Union that affect the coordination of domestic farm programs and trade negotiations for agriculture in each entity. We explore how current institutions and processes contribute to a level of incoherence - or lack of coordination - between domestic farm programs and trade negotiations in the United States. Constructs from transaction cost politics with an emphasis on the decision to delegate authority from the principal to an agent are used to understand how institutional processes affect the coordination of domestic legislation.

Suggested Citation

  • Young, Linda M. & Hansen, Kathleen C., 2011. "Disconnections in US and EU Agricultural Policy and Trade Negotiations: A Transaction Cost Politics Approach," eJADE: electronic Journal of Agricultural and Development Economics, Food and Agriculture Organization, Agricultural and Development Economics Division, vol. 12(1).
  • Handle: RePEc:ags:ejadef:99768
    as

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    File URL: http://purl.umn.edu/99768
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    References listed on IDEAS

    as
    1. Carsten Daugbjerg & Alan Swinbank, 2007. "The Politics of CAP Reform: Trade Negotiations, Institutional Settings and Blame Avoidance," Journal of Common Market Studies, Wiley Blackwell, vol. 45, pages 1-22, March.
    2. Orden, David & Blandford, David & Josling, Timothy E., 2009. "Determinants of Farm Policies in the United States, 1996-2008," Agricultural Distortions Working Paper 50297, World Bank.
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