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Type: Journal article
Title: Political economy of public policies: insights from distortions to agricultural and food markets
Author: Anderson, K.
Rausser, G.
Swinnen, J.
Citation: Journal of Economic Literature, 2013; 51(2):423-477
Publisher: Amer Economic Assoc
Issue Date: 2013
ISSN: 0022-0515
Statement of
Kym Anderson, Gordon Rausser and Johan Swinnen
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.
Keywords: Economic Theory & Research; Emerging Markets; Agribusiness; Climate Change Economics; Population Policies
Rights: Copyright status unknown
RMID: 0020130408
DOI: 10.1257/jel.51.2.423
Appears in Collections:Economics publications

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