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Was the Austrian agricultural policy least cost efficient?

The study evaluates the efficiency of government intervention using a vertical structured model including imperfectly competitive agricultural input markets, the bread grain market, and the imperfectly competitive food industry. To test for policy efficiency the actually observed bread grain policy is compared to a hypothetical efficient policy. To account for the sensitivity of the results in regard to the model parameter values computer-intensive simulation procedures and surface response functions are utilized.

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File URL: http://www.econ.jku.at/papers/2001/wp0103.pdf
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Paper provided by Department of Economics, Johannes Kepler University Linz, Austria in its series Economics working papers with number 2001-03.

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Date of creation: Mar 2001
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Handle: RePEc:jku:econwp:2001_03
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Web page: http://www.econ.jku.at/

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  1. Peeters, Ludo & Surry, Yves, 1993. "Estimating feed utilisation matrices using a cost function approach," Agricultural Economics, Blackwell, vol. 9(2), pages 109-126, August.
  2. Y. Surry, 1990. "Econometric Modelling Of The European Community Compound Feed Sector: An Application To France," Journal of Agricultural Economics, Wiley Blackwell, vol. 41(3), pages 404-421.
  3. McCorriston, Steve, 1993. "The Welfare Implications of Oligopoly in Agricultural Input Markets," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 20(1), pages 1-17.
  4. Guyomard, Herve & Vermersch, Dominique, 1989. "Derivation of long-run factor demands from short-run responses," Agricultural Economics, Blackwell, vol. 3(3), pages 213-230, October.
  5. Moschini, GianCarlo & Surry, Y., 1984. "Input Substitutability in the Ec Compound Feed Industry," Staff General Research Papers 11273, Iowa State University, Department of Economics.
  6. Rickertsen, Kyrre, 1998. "The demand for food and beverages in Norway," Agricultural Economics, Blackwell, vol. 18(1), pages 89-100, January.
  7. Almas Heshmati & Subal C. Kumbhakar, 1997. "Estimation Of Technical Efficiency In Swedish Crop Farms: A Pseudo Panel Data Approach," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1-3), pages 22-37.
  8. Don Fullerton, 1980. "On the Possibility of an Inverse Relationship between Tax Rates and Government Revenues," NBER Working Papers 0467, National Bureau of Economic Research, Inc.
  9. C. R. Dryburgh & C. J. Doyle, 1995. "Distribution Of Research Gains Under Different Market Structures: The Impact Of Technological Change Within The Uk Dairy Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 46(1), pages 80-96.
  10. Humphrey, David Burras & Moroney, John R, 1975. "Substitution among Capital, Labor, and Natural Resource Products in American Manufacturing," Journal of Political Economy, University of Chicago Press, vol. 83(1), pages 57-82, February.
  11. Ludo Peeters & Yves Surry, 1997. "A Review Of The Arts Of Estimating Price-Responsiveness Of Feed Demand In The European Union," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1-3), pages 379-392.
  12. Y. Surry, 1993. "The Constant Difference Of Elasticities Function With Applications To The Ec Animal Feed Sector," Journal of Agricultural Economics, Wiley Blackwell, vol. 44(1), pages 110-125.
  13. Karagiannis, Giannis & Katranidis, Stelios D. & Velentzas, Kostas, 1996. "Decomposition Analysis Of Factor Cost Shares: The Case Of Greek Agriculture," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(02), December.
  14. Bonnieux, Francois, 1989. "Estimating Regional-Level Input Demand for French Agriculture Using a Translog Production Function," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 16(2), pages 229-41.
  15. James S. Shortle & Andrew Laughland, 1994. "Impacts Of Taxes To Reduce Agrichemical Use When Farm Policy Is Endogenous," Journal of Agricultural Economics, Wiley Blackwell, vol. 45(1), pages 3-14.
  16. Bullock, D. S. & Salhofer, K., 1998. "Measuring the social costs of suboptimal combinations of policy instruments: A general framework and an example," Agricultural Economics, Blackwell, vol. 18(3), pages 249-259, May.
  17. Abler, David G & Shortle, James S, 1992. "Environmental and Farm Commodity Policy Linkages in the U.S. and the EC," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 19(2), pages 197-217.
  18. Guyomard, Herve & Vermersch, Dominique, 1989. "Derivation of Long-run Factor Demands from Short-run Responses," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 3(3), October.
  19. Peeters, Ludo & Surry, Yves, 1993. "Estimating feed utilisation matrices using a cost function approach," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 9(2), August.
  20. Henrichsmeyer, W & Ostermeyer-Schloder, A, 1988. "Productivity Growth and Factor Adjustment in EC Agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 15(2/3), pages 137-54.
  21. Mergos, George J & Yotopoulos, Pan A, 1988. "Demand for Feed Inputs in the Greek Livestock Sector," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 15(1), pages 1-17.
  22. Giannis Karagiannis & Kostas Velentzas, 1997. "Explaining Food Consumption Patterns In Greece," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1-3), pages 83-92.
  23. Kontos, A & Young, T, 1983. "An Analysis of Technical Efficiency on a Sample of Greek Farms," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 10(3), pages 271-80.
  24. Gardner, Bruce L, 1992. "Changing Economic Perspectives on the Farm Problem," Journal of Economic Literature, American Economic Association, vol. 30(1), pages 62-101, March.
  25. Hansson, Ingemar & Stuart, Charles, 1985. "Tax revenue and the marginal cost of public funds in Sweden," Journal of Public Economics, Elsevier, vol. 27(3), pages 331-353, August.
  26. Winters, L Alan, 1987. "The Political Economy of the Agricultural Policy of Industrial," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 14(3), pages 285-304.
  27. Kimmel, Jean & Kniesner, Thomas J., 1998. "New evidence on labor supply:: Employment versus hours elasticities by sex and marital status," Journal of Monetary Economics, Elsevier, vol. 42(2), pages 289-301, July.
  28. Bullock, D.S. & Salhofer, K., 1998. "Measuring the social costs of suboptimal combinations of policy instruments: A general framework and an example," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 18(3), May.
  29. Michalek, J & Keyzer, M A, 1992. "Estimation of a Two-Stage LES-AIDS Consumer Demand System for Eight EC Countries," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 19(2), pages 137-63.
  30. J. A. Molina, 1994. "Food Demand In Spain: An Application Of The Almost Ideal System," Journal of Agricultural Economics, Wiley Blackwell, vol. 45(2), pages 252-258.
  31. Hansson, Ingemar & Stuart, Charles, 1993. " The Effects of Taxes on Aggregate Labor: A Cross-Country General-Equilibrium Study," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(3), pages 311-26.
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