The Economic Impact of Public Support to Agriculture

1. Front Matter

   Pages i-xi

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2. New Directions in Agricultural Policy: US and European Perspectives

   1. Front Matter

      Pages 9-9

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3. Introduction and Overview

   1. Introduction and Overview

      • V. Eldon Ball, Roberto Fanfani, Luciano Gutierrez

      Pages 1-8

4. New Directions in Agricultural Policy: US and European Perspectives

   1. Front Matter

      Pages 9-9

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   2. Recent Developments and Applications from the OECD Toolbox

      • Carmel Cahill, Roger Martini

      Pages 11-39

   3. US and EU Agricultural Policy: Divergence or Convergence?

      • Andrew Schmitz, Troy G. Schmitz

      Pages 41-66

   4. The “Health Check” of the CAP Reform: Lessons from Its Impact Assessment

      • Tassos Haniotis

      Pages 67-79

   5. The Incidence of US Farm Programs

      • Julian M. Alston

      Pages 81-105

5. Agricultural Policy and Economic Performance

   1. Front Matter

      Pages 107-107

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   2. Impact of Subsidies on Farm Productivity and Efficiency

      • Subal C. Kumbhakar, Gudbrand Lien

      Pages 109-124

   3. Productivity and Profitability of US Agriculture: Evidence from a Panel of States

      • V. Eldon Ball, Rolf Färe, Shawna Grosskopf, Dimitri Margaritis

      Pages 125-139

6. Energy and Agricultural Policy

   1. Front Matter

      Pages 141-141

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   2. Biofuels Expansion in a Changing Economic Environment: A Global Modeling Perspective

      • May Peters, Richard Stillman, Agapi Somwaru

      Pages 143-154

   3. Ethanol and Corn Prices: The Role of US Tax Credits, Mandates, and Imports

      • Harry de Gorter, David R. Just

      Pages 155-169

   4. Modeling the Effects of U.S. Biofuel Policies on Commodity and Energy Markets

      • C. S. Kim, Glenn Schaible, Stan Daberkow

      Pages 171-190

   5. Biofuels Versus Food Competition for Agricultural Resources: Impacts on the EU Farming Systems

      • Massimo Canali, Maurizio Aragrande

      Pages 191-209

7. International Trade and Domestic Agricultural Policy

   1. Front Matter

      Pages 211-211

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   2. WTO Compliance and Domestic Farm Policy Change

      • Tim Josling

      Pages 213-241

   3. Agricultural Competitiveness

      • V. Eldon Ball, J.-P. Butault, Carlos San Juan, Ricardo Mora

      Pages 243-271

   4. The Behavior of Relative Food Prices: An Analysis across the European Countries

      • Luciano Gutierrez, Cristina Brasili, Roberto Fanfani

      Pages 273-289

Despite a gradual and sustained decline in the contribution of agriculture to the economies of the member countries of the Organization for Economic Cooperation and Development (OECD), the sector remains socially and politically important. Although agriculture accounts for less than 2% of the gross domestic product of the OECD countries, it occupies over 35% of their total land area. Predominantly rural regions, where agriculture remains particularly important, contain almost one quarter of the population of OECD countries. The past quarter century has witnessed signi?cant changes in agricultural po- cies in OECD countries. Although total support remains high, a shift has taken place from price-linked measures to direct income support, most notably in the European Union. Policies have been adapted to meet pressing social concerns, such as ens- ing food security and improving environmental quality. OECD countries face major economic issues due to the ageing of their populations and the need to adapt to gl- alization and increasing competition from emerging economies. Continued pressure to reform agricultural policies will be exerted by the need to economize on the use of scarce public resources. At the same time, agriculture faces new challenges g- erated by climate change, the “greening” of the economy, increasing scarcity of energy and water, and the demands placed on the food system by an expanding world population.

• Agricultural Economics
• Agricultural Policy
• Agriculture
• Bio-fuels
• Common Agricultural Policy (CAP)
• Efficiency
• Productivity
• U.S. Farm Bill
• compliance
• political economy

From the reviews:

“This volume originated from a conference organised by the US Department of Agriculture Economic Research Service (ERS) and the International Association of Agro-Food Systems in June 2008. … the volume contributions come predominantly from US-based authors. European agricultural economists may find the methodologies used in some of the US papers of interest in suggesting techniques that might be applicable to EU data.” (Alan Matthews, European Review of Agricultural Economics, Vol. 39 (2), April, 2012)

• Economic Research Service, U.S. Dept. of Agriculture, Washington, USA

  V. Eldon Ball

• , Department of Statistics, University of Bologna, Bologna, Italy

  Roberto Fanfani

• University of Sassari, Sassari, Italy

  Luciano Gutierrez

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