1. Political economy of public policies: Insights from distortions to agricultural and food markets
- Author
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Johan F.M. Swinnen, Kym Anderson, and Gordon C. Rausser
- Subjects
Factor market ,Economics and Econometrics ,Economics ,Food prices ,Public policy ,Distortions to agricultural markets, economics of farm and food politics ,Transition economy ,Agricultural policy ,Agribusiness ,F13 ,jel:D72 ,jel:D78 ,Q17 ,Q18 ,Q11 ,Policy analysis ,jel:N50 ,jel:F13 ,jel:F14 ,language.human_language ,Population Policies ,Distortions to agricultural markets ,economics of farm and food politics ,jel:Q11 ,Political economy ,Food policy ,language ,Economic Theory&Research,Emerging Markets,Agribusiness,Climate Change Economics,Population Policies ,Climate Change Economics ,Zero Hunger ,jel:Q18 ,Emerging Markets ,jel:Q17 ,Economic Theory&Research ,Agricultural subsidy - Abstract
The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persistent. This article reviews and synthesizes the literature on trends and fluctuations in market distortions and the political-economy explanations that have been advanced. Based on a rich global data set covering a half-century of evidence on commodities, countries, and policy instruments, we identify hypotheses that have been explored in the literature on the extent of market distortions and the conditions under which reform may be feasible. X-PublishedAs-Type: article X-PublishedAs-Journal: Journal of Economic Literature X-PublishedAs-Year: 2013 X-PublishedAs-Volume: 51 X-PublishedAs-Pages: 423-477
- Published
- 2013
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