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Book Essays on the Economics of Policy and Regulation in Agricultural and Food Markets

Download or read book Essays on the Economics of Policy and Regulation in Agricultural and Food Markets written by Shuay-Tsyr Ho and published by . This book was released on 2019 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation analyzes the empirical implications of selected policies and regulations applied to agricultural and food markets in the United States. It focuses on the policies at the regional level where the role of government influences the dynamics of agricultural markets and consumer behavior. In the first essay, in Chapter 2, I examine how regulation affects household diversity-seeking behavior for alcohol. Here I hypothesize that different state-level regulatory regimes in alcohol retail sales impact shopping convenience. I use a consumer panel dataset to examine household purchases of alcohol between 2004 and 2016. By focusing on a subset of households that moved between regulatory regimes in the pooled cross-sectional dataset, I am able to treat the time-invariant regulatory rules as a natural experiment to identify the causal impact of grocery store sales of alcohol on consumer choice diversification. The key finding suggests consumers further diversify their product selections in states that allow alcohol sales in grocery stores which reduces consumer's shopping costs and increases convenience. In the second essay, in Chapter 3, I focus on the effects of crop insurance on the supply of specialty crops in the United States. I use a nationally-representative farm-level dataset to evaluate the impacts of crop insurance on the acreage and crop value of fruits and vegetables. The empirical strategy addresses the potential endogeneity between the provision of crop insurance and the economic significance of the crops. In assessing how the availability of crop insurance affects supply, I use a number of variables to instrument insurance availability for fruits and vegetables. Instruments include i) the number of policies sold and premium subsidies for field crops within the same county, ii) the number of policies sold and premium subsidies for fruits and vegetable crops in the neighboring counties, which characterize various degrees of insurance demand. The two-stage findings suggest that crop insurance has increased both the harvested acreage and production value of fruits and vegetables. In the final essay, presented in Chapter 4, I worked with a team to evaluate several risk management strategies for cherry growers facing crop losses due to spring frost and excessive summer rain. Here we developed a framework to model stochastic prices, yields, and revenue for sweet cherries in New York and Michigan in a Monte Carlo simulation framework. This research constructed a novel dataset comprised of state-level market information for sweet cherries, station-level weather data, and the monitored performance of high tunnel at horticultural trials from research farms. Our results show that when there are significant price premiums for early season fruit, a high tunnel system could be the optimal strategy as it has the capacity to generate higher net profits compared to a variety of alternative strategies using insurance products.

Book Modern Agricultural and Resource Economics and Policy

Download or read book Modern Agricultural and Resource Economics and Policy written by Harry de Gorter and published by Springer Nature. This book was released on 2022-06-23 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume celebrates the life and career of Gordon Rausser, pioneer and leader in natural resource economics, while critically overviewing the emerging literature in the field. As the chair of the Agriculture and Resource Economics department at UC Berkeley, Rausser led the transformation of the department from a traditional agricultural economics department to a diverse resource economics department addressing issues of agriculture, food, natural resources, environmental economics, energy, and development. This book builds on this theme, showcasing not only the scope of Rausser's work but also key developments in the field. The volume is organized into two parts. The first part speaks about the lessons of Gordon Rausser's career, in particular, his role as a leader in different spheres, his capacity to integrate teaching and entrepreneurship, and his impact on the world food system. The second part will address some of the significant developments in the field he contributed to and how it relates to his work. The chapters include contributions from modern leaders in the economics field and cover diverse topics from many subfields including public policy, public finance, law, econometrics, macroeconomics, and water resources. Providing an excellent reference, as well as a celebration of a pivotal figure in the field, this volume will be useful for practitioners and scholars in agricultural and resource economics, especially the many individuals familiar with Gordon Rausser and his career.

Book Handbook Of International Food And Agricultural Policies  In 3 Volumes

Download or read book Handbook Of International Food And Agricultural Policies In 3 Volumes written by and published by World Scientific. This book was released on 2017-11-28 with total page 1243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of International Food and Agricultural Policies is a three-volume set that aims to provide an accessible reference for those interested in the aims and implementation of food and farm policies throughout the world. The treatment is authoritative, comprehensive and forward looking. The three volumes combine scholarship and pragmatism, relating academic writing to real-world issues faced by policy-makers. A companion volume looking at the future resource and climate challenges for global agriculture will be published in the future.Volume I covers Farm and Rural Development policies of developed and developing countries. The volume contains 20 country chapters together with a concluding comprehensive synthesis of lessons to be drawn from the experiences of the individual countries.Volume II examines the experience of countries with food policies, including those dealing with food safety and quality and the responsibility for food security in developing countries. The chapters address issues such as obesity, nutritional supplements, organic foods, food assistance programs, biotech food acceptance, and the place of private standards.Volume III describes and explains the international trade dimension of farm and food policies — both at the bilateral and regional level — and also the multilateral rules that influence and constrain individual governments. The volume also looks at the steps that countries are together taking to meet the needs of developing and low-income countries.The volumes are of value to students and researchers interested in economic development, agricultural markets and food systems. Policy-makers and professionals involved in monitoring and regulating agricultural and food markets would also find the volumes useful in their practical work. This three-volume set is also a suitable source for the general public interested in how their food system is influenced by government policies.

Book Economics of Regulation in Agriculture

Download or read book Economics of Regulation in Agriculture written by Floor Brouwer and published by CABI. This book was released on 2012 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work debates and investigates the cross-compliance system - whereby farmers comply with certain standards relating to the environment, food safety and animal and plant health. The book discusses cross-compliance in the context of existing standards, on-farm costs and the competitiveness of farm businesses. Analysing the economics of regulation both within the internal market of the EU and the broader world market by examining a broad range of agricultural products. This resource will be of value to agriculture and resource economists, policy makers, researchers and students in environment

Book Three Essays on Agricultural Policy and Food Demand

Download or read book Three Essays on Agricultural Policy and Food Demand written by Jing Zhao (Economist) and published by . This book was released on 2015 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays study important causes and interactions of agricultural policy and food demand. Essay one identifies the pattern of wheat support and income over historical data. The results indicate that income has statistically significant effects on wheat support, the pattern is nonlinear and varies among support mechanisms, and this relationship permits estimation of the future support. Essay two examines the effect of China wheat stock policies in 2006-2013 on the market using a structural economic model. Simulation results suggest that government stock policies stabilized wheat market prices, if measured by the standard deviation, and raised production in China. Essay three applies fixed effect and demand system models to estimate how refrigerator ownership affects food consumption in rural China. Refrigerator ownership reduces total food expenditure and meat consumption quantity, according to the estimation results, and might increase the expenditure share of perishable foods, like meat, egg and seafood. Taken as a whole, the results suggest that scientists should consider the impact of expanding refrigerator ownership, recognize the potential effect of public stocks on the evolution of price, and include the income-to-support relationship in long-run analysis to generate more accurate projections of consumption, price volatility, and agricultural support.

Book The Oxford Handbook of the Economics of Food Consumption and Policy

Download or read book The Oxford Handbook of the Economics of Food Consumption and Policy written by Jayson L. Lusk and published by Oxford University Press. This book was released on 2011-09-08 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historically, the challenge for humans has been to secure a sufficient supply of food to stave off hunger and starvation. As a result, much of the research on food and agriculture in the past century has focused on issues related to production efficiency, food supply, and farm profitability. In recent years, however, farmers, agribusiness, policy makers, and academics have increasingly turned their attention away from the farm and toward the food consumer and to issues related to food consumption. This handbook provides an overview of the economics of food consumption and policy and is a useful reference for academics and graduate students interested in food economics and the consumer-end of the supply chain. It is also relevant to those employed in food and agricultural industries, policy makers, and activist groups. The first section covers the application of the core theoretical and methodological approaches of the economics of food consumption and policy. The second part concentrates on policy issues related to food consumption. Several chapters focus on the theoretical and conceptual issues relevant in food markets, such as product bans, labeling, food standards, political economy, and scientific uncertainty. Additional chapters discuss policy issues of particular interest to the consumer-end of the food supply chain, such as food safety, nutrition, food security, and development. The final section serves as an introduction to particular issues and current topics in food consumption and policy.

Book Local Food Systems  Concepts  Impacts  and Issues

Download or read book Local Food Systems Concepts Impacts and Issues written by Steve Martinez and published by DIANE Publishing. This book was released on 2010-11 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive overview of local food systems explores alternative definitions of local food, estimates market size and reach, describes the characteristics of local consumers and producers, and examines early indications of the economic and health impacts of local food systems. Defining ¿local¿ based on marketing arrangements, such as farmers selling directly to consumers at regional farmers¿ markets or to schools, is well recognized. Statistics suggest that local food markets account for a small, but growing, share of U.S. agricultural production. For smaller farms, direct marketing to consumers accounts for a higher percentage of their sales than for larger farms. Charts and tables.

Book The Political Economy of Agricultural and Food Policies

Download or read book The Political Economy of Agricultural and Food Policies written by Johan Swinnen and published by Springer. This book was released on 2018-05-24 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the European Association of Agricultural Economists Book Award Food and agriculture have been subject to heavy-handed government interventions throughout much of history and across the globe, both in developing and in developed countries. Today, more than half a trillion US dollars are spent by some governments to support farmers, while other governments impose regulations and taxes that hurt farmers. Some policies, such as price regulations and tariffs, distribute income but reduce total welfare by introducing economic distortions. Other policies, such as public investments in research, food standards, or land reforms, may increase total welfare, but these policies come also with distributional effects. These distributional effects influence the preferences of interest groups and in turn influence policy decisions. Political considerations are therefore crucial to understand how agricultural and food policies are determined, to identify the constraints within which welfare-enhancing reforms are possible (or not), and finally to understand how coalitions can be created to stimulate growth and reduce poverty.

Book Economic Studies on Food  Agriculture  and the Environment

Download or read book Economic Studies on Food Agriculture and the Environment written by Maurizio Canavari and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a selection of the papers presented at the Joint Conference on Food, Agriculture, and the Environment, which was held in Bologna, Italy, on June 12-14, 2001. This was the seventh gathering of a biennal meeting born from a cooperation agreement between US and Italian academic and research institutions. This round of the Conference was organized in the Faculty of Agriculture in Bologna by the Dept. of Agricultural Economics and Engineering (DEIAgra) and the CNR Land and Agri-System Management Research Centre (GeST A-CNR) of Bologna. There were two main reasons for the choice of this location: fIrst, the Conference was dedicated to Maurizio Grillenzoni and Franco Alvisi, two colleagues and friends who passed away in recent years, and who committed themselves and played an important role in developing the collaboration agreement and promoting the past Conferences; second, in the year 2000 the Faculty of Agriculture in Bologna celebrated its fIrst centennial, and this Con ference was part of a wide set of events organized to highlight the relevant role of the Faculty in the research activity, both at an Italian and international level. The Conference papers were articulated both in plenary and concurrent sessions, dealing with key topics for agricultural economists. A structure similar to the Conference was adopted for grouping the papers into the four sections contained in this book: • food, nutrition, and quality, focusing i. e.

Book Real Markets  Social and Political Issues of Food Policy Reform

Download or read book Real Markets Social and Political Issues of Food Policy Reform written by Cynthia Hewitt de Alcantara and published by Routledge. This book was released on 2013-10-28 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real Markets: Social and Political Issues of Food Policy Reform contains papers presented at a Seminar on Food Pricing and Marketing Reforms, sponsored by the United Nations Research Institute for Social Development (UNRISD) and held in Geneva during November 1989.

Book Essays on the Political Economy of Trade and Regulation

Download or read book Essays on the Political Economy of Trade and Regulation written by and published by . This book was released on 2017 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Food and Agriculture in a Market Economy

Download or read book Food and Agriculture in a Market Economy written by Michael Tracy and published by . This book was released on 1993 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Long View in Economic Policy

Download or read book The Long View in Economic Policy written by Theodore William Schultz and published by . This book was released on 1987 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Government and the Food Industry  Economic and Political Effects of Conflict and Co Operation

Download or read book Government and the Food Industry Economic and Political Effects of Conflict and Co Operation written by L. Tim Wallace and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book's purpose is to shed light on the threats and opportunities arising from the incentives and restrictions of governmental actions which food industry managers discover in their search for profits. The food industry, as defined here, includes farmers, their input suppliers, processors and distributors. This text explores how the private sector reacts to the stimulus of public support measures, rules and regulations which are usually motivated by entirely different ends than those desired within the private sector. No current single model of economic behavior as yet adequately encompasses or quantifies these complex vectors and forces. Management is comprised of many factors, most of which can be identified ex post but few of which can be appraised precisely ex ante. The perceptual processes by which managers respond to governments are influenced by culture, aptitudes, individual and collective goals. details of most government/business relationships are discussed Few openly since management and government officials are, understandably, often reluctant to share the decision tree route by which trust is built and understandings are negotiated. Our text differs from others in that we combine both a theoretical and experiential approach to the subject. The insights provided by the case study material give a more macro and yet realistic view than tha t usually offered elsewhere. We indicate the risks and dynamics of the situations faced by management while also showing the importance and strategic relevance of a solid analytical foundation for managerial purposes.

Book Agricultural Markets Instability

Download or read book Agricultural Markets Instability written by Alberto Garrido and published by Routledge. This book was released on 2016-01-08 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the financial and food price crises of 2007, market instability has been a topic of major concern to agricultural economists and policy professionals. This volume provides an overview of the key issues surrounding food prices volatility, focusing primarily on drivers, long-term implications of volatility and its impacts on food chains and consumers. The book explores which factors and drivers are volatility-increasing and which others are price level-increasing, and whether these two distinctive effects can be identified and measured. It considers the extent to which increasing instability affects agents in the value chain, as well as the actual impacts on the most vulnerable households in the EU and in selected developing countries. It also analyses which policies are more effective to avert and mitigate the effects of instability. Developed from the work of the European-based ULYSSES project, the book synthesises the most recent literature on the topic and presents the views of practitioners, businesses, NGOs and farmers' organizations. It draws policy responses and recommendations for policy makers at both European and on international levels.

Book Essays on Externalities and Agriculture in the United States and Brazil

Download or read book Essays on Externalities and Agriculture in the United States and Brazil written by Maria Susannah Bowman and published by . This book was released on 2013 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: In these three essays collectively entitled "Essays on Externalities and Agriculture in the United States and Brazil", I discuss three topics. In the first essay, I review the economic literature on diversification in farming systems and comment on the economic incentives and disincentives for diversification in 21st century agriculture. In the second essay, I focus on deforestation in Brazil, which is an externality associated with the expansion of agricultural production at forest frontiers. Using a natural experiment (changes in international Foot-and-Mouth Disease certification), I identify the portion of annual deforestation that can be attributed to changes in disease status, and suggest that the mechanism for new deforestation may be due to increased prices when beef is considered to be safe for export. In my third essay, I discuss the production economics behind the use of sub-therapeutic antibiotics in U.S. pork and poultry production, and comment in detail on the potential for heterogeneity in the returns to antibiotic use (and costs of regulation). A more detailed summary of each essay follows. Chapter 1: Economic Factors Affecting Diversified Farming Systems In response to a shift toward specialization and mechanization during the 20th century, there has been momentum on the part of a vocal contingent of consumers, producers, researchers, and policy makers who call for a transition toward a new model of agriculture. This model employs fewer synthetic inputs, incorporates practices which enhance biodiversity and environmental services at local, regional, and global scales, and takes into account the social implications of production practices, market dynamics, and product mixes. Within this vision, diversified farming systems (DFS) have emerged as a model that incorporates functional biodiversity at multiple temporal and spatial scales to maintain ecosystem services critical to agricultural production. This essay's aim is to provide an economists' perspective on the factors which make diversified farming systems (DFS) economically attractive, or not-so-attractive, to farmers, and to discuss the potential for and roadblocks to widespread adoption. The essay focuses on how a range of existing and emerging factors drive profitability and adoption of DFS, and suggests that, in order for DFS to thrive, a number of structural changes are needed. These include: 1) public and private investment in the development of low-cost, practical technologies that reduce the costs of production in DFS, 2) support for and coordination of evolving markets for ecosystem services and products from DFS and 3) the elimination of subsidies and crop insurance programs that perpetuate the unsustainable production of staple crops. This work suggests that subsidies and funding be directed, instead, toward points 1) and 2), as well as toward incentives for consumption of nutritious food. Chapter 2: Foot-and-Mouth Disease and Deforestation in the Brazilian Amazon Deforestation in the Brazilian Amazon released approximately 5.7 billion tons of CO2 to the atmosphere between 2000 and 2010, and 50-80% of this deforestation was for pasture. Most assume that increasing demand for cattle products produced in Brazil caused this deforestation, but the empirical work to-date on cattle documents only correlations between cattle herd size, pasture expansion, cattle prices, and deforestation. This essay uses panel data on deforestation and Foot-and-Mouth Disease (FMD) status--an exogenous demand shifter--to estimate whether changes in FMD status caused new deforestation in municipalities in the Brazilian Amazon and cerrado biomes during the 2000-2010 period. Becoming certified as FMD-free caused annual deforestation to be 42% to 85% higher than deforestation rates in infected municipalities, on average, during the 2000-2010 period. Chapter 3: Potential for heterogeneity in the returns to sub-therapeutic antibiotics in U.S. pork and poultry operations Each year, more than 50,000 people in the U.S. die from hospital-acquired bacterial infections, millions experience episodes of foodborne illness, and reported cases of "superbugs" such as Methicillin-resistant Staphylococcus aureus (MRSA) and vancomycin-resistant enterococci (VRE) are on the rise. For those who acquire a resistant infection in their food, in their community, or in a hospital, resistance is associated with a longer duration of treatment, the use of more potent antibiotics, and longer hospital stays. This, in turn, means increased health care costs and costs to society due to antibiotic-resistant infections. Antibiotic resistance is contributing to the scope and severity of this health care crisis, and at least some of the responsibility for antibiotic resistance sits on the shoulders of industrial livestock production. In livestock operations, low or sub-therapeutic doses of antibiotics (STAs) are used to promote growth, in addition to their use to prevent and control disease. Today, more antibiotics are used in livestock production and the production of milk and eggs than in humans. While the use of sub-therapeutic doses of antibiotics is regulated less stringently in the United States than in the European Union, there is movement toward and potential for such regulation. Beginning in the 1970s, economic researchers began to study the potential impacts of bans on the use of sub-therapeutic antibiotics on the pork, poultry, and beef sectors and on U.S. consumers, but there has been little study of how heterogeneity impacts antibiotic use, and in turn, how it impacts returns to using antibiotics in U.S. livestock operations. I concentrate on U.S. pork and poultry operations since they are the largest users of sub-therapeutic antibiotics by volume in the U.S., and explore the existing literature on the economics of sub-therapeutic antibiotic use for glimpses of heterogeneity in the returns to antibiotic use. Perhaps the most interesting source of heterogeneity in returns to antibiotic use may be heterogeneity in management and/or the use of potential substitutes for antibiotics, such as improved sanitation practices and more modern facilities. Productivity and use of technologies that substitute for STA use vary amongst producers, and likely by region and farm size. Thus, the marginal abatement costs of reducing STA use vary across industries, producers, production systems, and regions.

Book Food  Agriculture  And Rural Policy Into The Twenty first Century

Download or read book Food Agriculture And Rural Policy Into The Twenty first Century written by Milton C. Hallberg and published by CRC Press. This book was released on 2019-04-12 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to 1995 policymaking by offering information concerning an array of issues fundamentally important to the U.S. agricultural and food sector. It reviews a set of policy approaches for dealing with these issues, and assesses trade-offs among these alternative approaches.