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Techniques To Measure Social Benefits And Costs In Agriculture: A Survey

  • Mann, Jitendar S.
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    Development is traced of the concepts of consumer's and producer's surplus, and the uses and limitations of these concepts for public policy analysis are examined. The applications to price stabilization and policy programs are surveyed. The use of decision theory as an alternative to measurement of surplus is also examined.

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    File URL: http://purl.umn.edu/148082
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    Article provided by United States Department of Agriculture, Economic Research Service in its journal Agricultural Economics Research.

    Volume (Year): (1977)
    Issue (Month): 4 ()
    Pages:

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    Handle: RePEc:ags:ueraer:148082
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    1. Massell, Benton F, 1970. "Some Welfare Implications of International Price Stabilization," Journal of Political Economy, University of Chicago Press, vol. 78(2), pages 404-17, March-Apr.
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    9. Byerlee, Derek R. & Anderson, Jock R., 1969. "Value Of Predictors Of Uncontrolled Factors In Response Functions," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 13(02), December.
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    18. Wisecarver, Daniel, 1974. "The Social Costs of Input-Market Distortions," American Economic Review, American Economic Association, vol. 64(3), pages 359-72, June.
    19. Zvi Griliches, 1958. "Research Costs and Social Returns: Hybrid Corn and Related Innovations," Journal of Political Economy, University of Chicago Press, vol. 66, pages 419.
    20. Glaister, Stephen, 1974. "Generalised Consumer Surplus and Public Transport Pricing," Economic Journal, Royal Economic Society, vol. 84(336), pages 849-67, December.
    21. Walter Y. Oi, 1972. "The Consumer Does Benefit from Feasible Price Stability: A Comment," The Quarterly Journal of Economics, Oxford University Press, vol. 86(3), pages 494-498.
    22. Abraham Subotnik & James P. Houck, 1976. "Welfare Implications of Stabilizing Consumption and Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 13-20.
    23. W. M. Corden, 1957. "The Calculation Op The Cost Op Protection1," The Economic Record, The Economic Society of Australia, vol. 33(64), pages 29-51, 04.
    24. Darrell Hueth & Andrew Schmitz, 1972. "International Trade in Intermediate and Final Goods: Some Welfare Implications of Destabilized Prices," The Quarterly Journal of Economics, Oxford University Press, vol. 86(3), pages 351-365.
    25. Musgrave, Richard A, 1969. "Cost-Benefit Analysis and the Theory of Public Finance," Journal of Economic Literature, American Economic Association, vol. 7(3), pages 797-806, September.
    26. Walter Haessel & Edward Vickery, 1975. "The Social Profitability of Subsidies for Agricultural Exports: The Case of Ghana," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(1), pages 11-20.
    27. David J. Smyth, 1973. "Effect of Public Price Forecasts on Market Price Variation: A Stochastic Cobweb Example," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(1), pages 83-88.
    28. Benton F. Massell, 1969. "Price Stabilization and Welfare," The Quarterly Journal of Economics, Oxford University Press, vol. 83(2), pages 284-298.
    29. Harry G. Johnson, 1960. "The Cost of Protection and the Scientific Tariff," Journal of Political Economy, University of Chicago Press, vol. 68, pages 327.
    30. Andrew Schmitz & David Seckler, 1970. "Mechanized Agriculture and Social Welfare: The Case of the Tomato Harvester," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(4), pages 569-577.
    31. Snape, R H, 1969. "Sugar: Costs of Protection and Taxation," Economica, London School of Economics and Political Science, vol. 36(141), pages 29-41, February.
    32. Shlomo Reutlinger, 1976. "A Simulation Model for Evaluating Worldwide Buffer Stocks of Wheat," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 1-12.
    33. Finis Welch, 1967. "Supply Control With Marketable Quotas: The Cost of Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(3), pages 584-596.
    34. Dillon, John L., 1971. "An Expository Review of Bernoullian Decision Theory in Agriculture: Is Utility Futility?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(01), March.
    35. Burt, Oscar R & Brewer, Durward, 1971. "Estimation of Net Social Benefits from Outdoor Recreation," Econometrica, Econometric Society, vol. 39(5), pages 813-27, September.
    36. Dardis, Rachel & Learn, Elmer W., 1967. "Measures of the Degree and Cost of Economic Protection of Agriculture in Selected Countries," Technical Bulletins 171596, United States Department of Agriculture, Economic Research Service.
    37. Kawamata, Kunio, 1974. "Price Distortion and Potential Welfare," Econometrica, Econometric Society, vol. 42(3), pages 435-60, May.
    38. Willig, Robert D, 1976. "Consumer's Surplus without Apology," American Economic Review, American Economic Association, vol. 66(4), pages 589-97, September.
    39. Paul R. Johnson, 1965. "The Social Cost of the Tobacco Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(2), pages 242-255.
    40. Rachel Dardis, 1967. "The Welfare Cost of Grain Protection in the United Kingdom," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(3), pages 597-609.
    41. George J. Stigler, 1938. "Social Welfare and Differential Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 20(3), pages 573-586.
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