IDEAS home Printed from https://ideas.repec.org/a/oup/erevae/v4y1977i1p7-31..html
   My bibliography  Save this article

Supplementing farm price policy by direct income payments: Cost-benefit-analysis of alternative farm policies with a special application to German agriculture

Author

Listed:
  • U. KOESTER
  • S. TANGERMANN

Abstract

Summary Increasing problems of EEC farm price policy in balancing allocative and distributive objectives have evoked much criticism and several suggestions for alternative policies. In this paper a proposal gradually to complement price policy by direct income payments to farmers is made. Methodological problems of estimating the economic effects of such a policy shift are discussed. Results of an empirical study for German agriculture are presented. Political problems of implementing this policy are considered. The paper is based on a study prepared for the German Ministry for Agriculture. From the methodological point of view the emphasis is on specific problems of applying cost-benefit-methods to farm price policy. The need for multidimensional objective functions, definition of a reference system, dynamic analysis and consideration of market distortions are stressed. The empirical study shows positive potential benefits of a reduction in price support for a fairly wide range of circumstances.

Suggested Citation

  • U. Koester & S. Tangermann, 1977. "Supplementing farm price policy by direct income payments: Cost-benefit-analysis of alternative farm policies with a special application to German agriculture," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 4(1), pages 7-31.
  • Handle: RePEc:oup:erevae:v:4:y:1977:i:1:p:7-31.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/erae/4.1.7
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pavleska, Marija & Kerr, William A., 2020. "Importer's risk, smuggling and the role of incentives in the management of animal diseases," Ecological Economics, Elsevier, vol. 175(C).
    2. Sahrbacher, Christoph, 2011. "Regional structural change in European agriculture: Effects of decoupling and EU accession," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 60, number 60.
    3. Harald Witzke, 1986. "Endogenous supranational policy decisions: The Common Agricultural Policy of the European Community," Public Choice, Springer, vol. 48(2), pages 157-174, January.
    4. Stefan Tangermann, 1979. "Les relations commerciales entre la CEE et les pays exportateurs de produits agricoles des régions tempérées," Économie rurale, Programme National Persée, vol. 132(1), pages 20-30.
    5. Thomas Glauben, 2021. "Ulrich Koester. Foundations of Agricultural Market Analysis and Agricultural Policy," Journal of New Economy, Ural State University of Economics, vol. 22(1), pages 131-138, April.
    6. Glauben, Thomas, 2021. "[Book Review] Ulrich Koester: Foundations of agricultural market analysis and agricultural policy," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 22(1), pages 131-138.
    7. Runge, C. Ford & von Witzke, Harald, 1985. "Institutional Innovation In The Common Agricultural Policy Of The European Community," Staff Papers 14170, University of Minnesota, Department of Applied Economics.
    8. Yrjola, Tapani & Kola, Jukka, 2002. "Social Benefits of Multifunctional Agriculture in Finland," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24812, European Association of Agricultural Economists.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:4:y:1977:i:1:p:7-31.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.