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Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour - Hardcover

 
9780802048462: Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour
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To date, there has been little published that synthesizes and draw lessons from the economics of agricultural policy. This study fills that void, providing an economic analysis of the policies that affect agriculture and agribusiness in both Canada and the United States.

The authors emphasize the role of farmers and agribusiness in the formation of policy, exploring the farm problem from both economic and historical perspectives. The various institutions that influence the development and implementation of policy are also discussed and compared. Because of the importance of international trade to North American agriculture, one chapter is devoted to a discussion of trade models. The book then goes on to analyze specific problems, such as price and income stabilization, science policy, environmental policy, and food quality and safety. The role of vertical markets in agriculture is emphasized throughout. The authors combine the traditional welfare economics framework with the new institutional economics and rent-seeking behaviour to explain the development of agricultural policy.

This much-needed study will be welcomed by researchers and policy analysts, as well as instructors seeking material for senior undergraduate and graduate courses.

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About the Author:
Katherine Baylis is a PhD candidate in the Department of Agriculture and Resource Economics at the University of California at Berkeley.

Review:
'I enjoyed the book a great deal—especially the material presented in a Canada versus U.S. policy context—and recommend it without reservation to those who are interested in the area of agricultural policy analysis.' (Jared Carlberg, Canadian Journal of Agricultural Economics)

'This book should be of great interest to all students of Canada-U.S. relations. Agriculture has been a regular flashpoint in relations between the two countries and this is the first study that attempts to put agricultural policy in a bilateral context, exposing both the similarities and the differences in histories and industrial structure ... I would highly recommend this book.' (Gregory P. Marchildon, American Review of Canadian Studies)

'A very well-written book, professionally oriented with high scholarship.' (George Brinkman, Agricultural Economics and Business, University of Guelph)

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9780802095473: Agricultural Policy, Agribusiness and Rent-Seeking Behaviour

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ISBN 10:  ISBN 13:  9780802095473
Publisher: University of Toronto Press, 2010
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Baylis, Katherine R., Furtan, Hartley, Schmitz, Andrew
ISBN 10: 0802048463 ISBN 13: 9780802048462
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