1932
0
  1. Home
  2. A-Z Publications
  3. Annual Review of Resource Economics
  4. Volume 10, 2018
  5. Article

Annual Review of Resource Economics

Volume 10, 2018

The Historical Evolution of Alternative Metrics for Developing Countries’ Food and Agriculture Policy Assessment

Abstract

The demand for quantitative assessments of the impacts of food and agricultural policies has grown steadily in the past four decades. From the application of social cost-benefit analysis to investments in developing countries in the 1970s to the use of increasingly sophisticated general equilibrium models today, the menu of available techniques for policy assessment has expanded rapidly. In addition, both partial and general equilibrium models have been developed to analyze world markets for agricultural commodities and the effects of government policies on such markets. Alongside the modeling of markets and the quantitative impact of policies, several indicators have been developed that build on trade policy measures, including effective protection and tariff equivalents. One example is the producer subsidy equivalent. This has been used by the OECD to estimate the level of support provided by government policies to the agricultural sector. The indicators have more recently been applied to developing countries as a form of benchmarking to give a snapshot of the transfers among stakeholders inherent in such policies.

Keyword(s): agricultural policy, cost-benefit analysis, food policy, JEL H43, JEL O22, policy assessment, policy indicators, subsidy equivalent
Loading

Article metrics loading...

/content/journals/10.1146/annurev-resource-100517-023123
2018-10-05
2024-04-25
Loading full text...

Full text loading...

/deliver/fulltext/resource/10/1/annurev-resource-100517-023123.html?itemId=/content/journals/10.1146/annurev-resource-100517-023123&mimeType=html&fmt=ahah

Literature Cited

  1. Adelle C, Weiland S 2012. Policy assessment: the state of the art. Impact Assess. Project Apprais. 30:25–33
     [Google Scholar]
  2. Adelman I, Robinson S 1976. Income Distribution Policy in Developing Countries: A Case Study of Korea Stanford, CA: Stanford Univ. Press
  3. Agraja L 2006. Assessing the Comparative Advantage of Wheat Produced in Albania Göttingen, Ger: Cuvillier Verlag
  4. Alderman H, Gentilini U, Rashid S 2017. Improving food availability for the poor. See Roberts & Josling 2017 199–218
  5. Alston JM, James JS 2002. The incidence of agricultural policy. The Handbook of Agricultural Economics 2a BL Gardiner, GC Rausser 1869–1929 Amsterdam: Elsevier
     [Google Scholar]
  6. Anderson K 2009. Distortion to Agricultural Incentives: A Global Perspective 1955–2007 Washington, DC: Palgrave Macmillan
  7. Anderson K, Rausser G, Swinnen J 2013. Political economy of public policies: insights from distortions to agricultural and food markets. J. Econ. Lit. 51:2423–77
     [Google Scholar]
  8. Balassa B 1967. Trade creation and trade diversion in the European common market. Econ. J. 77:1–21
     [Google Scholar]
  9. Banerji R, Donges JB 1974. The domestic resource cost concept: theory and an empirical application to the case of Spain Work. Pap. 24, Inst. Weltwirtsch., Kiel, Ger
  10. Bond A, Pope J 2012. The state of the art of impact assessment in 2012. Impact Assess. Proj. Apprais. 30:1–4
     [Google Scholar]
  11. Brown DK 1992. The impact of a North American Free Trade Area: applied general equilibrium models. North American Free Trade: Assessing the Impact N Lustig, BP Bosworth, RZ Lawrence 26–68 Washington, DC: Brookings Inst
     [Google Scholar]
  12. Bruno M 1972. Domestic resource costs and effective protection: clarification and synthesis. J. Political Econ. 80:16–33
     [Google Scholar]
  13. Corden WM 1971. The Theory of Protection Oxford, UK: Oxford Univ. Press
  14. Corden WM 1974. Trade Policy and Economic Welfare Oxford, UK: Oxford Univ. Press
  15. Emerson M, Aujean M, Catinat M, Goybet P, Jacquemin A 1988. The Economics of 1992: The EC Commission's Assessment of the Economic Effects of Completing the Internal Market Oxford, UK: Oxford Univ. Press
  16. FAO (Food Agric. Organ.). 1973. Agricultural protection: domestic policy and international trade Rep. C/73/LIM/9 FAO Rome:
  17. FAO (Food Agric. Organ.). 1975. Agricultural protection and stabilization policies: a framework of measurement in the context of agricultural adjustment Rep FAO Rome:
  18. Floyd JE 1965. The effects of farm price supports on the returns to land and labor in agriculture. J. Political Econ. 73:148–58
     [Google Scholar]
  19. Gittinger JP 1972. Economic Analysis of Agricultural Projects Washington, DC: Int. Bank Reconstr. Dev
  20. Gulbrandsen O, Lindbeck A 1973. The Economics of the Agricultural Sector Stockholm: Almqvist & Wiksell
  21. Harris RG, Cox D 1984. Trade, Industrial Policy, and Canadian Manufacturing Toronto: Ontario Econ. Counc
  22. Hertel TW 1997. Global Trade Analysis: Modelling and Application New York: Cambridge Univ. Press
  23. Hufbauer GC, Schott JJ 2005. NAFTA Revisited: Achievements and Challenges Washington, DC: Inst. Int. Econ
  24. IICA (Inter-Am. Inst. Coop. Agric.). 2016. Caribbean intended nationally determined contributions: Where does agriculture fit Rep., IICA, San Jose, Costa Rica
  25. Indep. Eval. Group. 2018. Cost-benefit analysis in World Bank projects https://ieg.worldbankgroup.org/evaluations/cost-benefit-analysis-world-bank-projects
  26. Johnston B, Mellor J 1961. Agriculture in development. Am. Econ. Rev. 51:4566–93
     [Google Scholar]
  27. Josling T, Alleng G, De Salvo CP, Boyce R, Mills A, Valero S 2017. Agricultural policy and greenhouse gas emissions in Jamaica Rep Inter-Am. Dev. Bank Washington, DC:
  28. Josling T, Anderson K 1993. The challenge to economists of multilateral trade negotiations on agricultural protection. Food Res. Inst. Stud. 22:3275–304
     [Google Scholar]
  29. Josling T, Mittenzwei K 2013. Transparency and timeliness: the monitoring of agricultural policies in the WTO using OECD data. World Trade Rev 12:3533–47
     [Google Scholar]
  30. Kreuger AO, Schiff M, Valdés A 1991. The Political Economy of Agricultural Pricing Policies Baltimore: Johns Hopkins Univ. Press
  31. Levy S, Van Wijnbergen S 1991. Agriculture in the Mexico-US Free Trade Agreement Washington, DC: World Bank
  32. Levy S, Venables A, Van Wijnbergen S 1990. Assessing the Mexico U.S. Free Trade Agreement Washington, DC: World Bank
  33. Lewis WA 1954. Economic development with unlimited supplies of labour. Manch. Sch. 22:139–91
     [Google Scholar]
  34. Little IMD 1950. A Critique of Welfare Economics Oxford, UK: Oxford Univ. Press
  35. Little IMD, Mirrlees JA 1969. Manual of Industrial Project Analysis in Developing Countries Paris: OECD Dev. Cent
  36. Little IMD, Scitovsky T, Scott MFG 1970. Industry and Trade in Some Developing Countries Oxford, UK: Oxford Univ. Press
  37. MacEwan J, Okrent A 2017. A review of US food and nutrition programs and their effectiveness in assuring adequate nutrition and improving nutritional choices for program participants. See Roberts & Josling 2017 111–32
  38. Maertens M, Swinnen J 2017. Food standards, trade and development. See Roberts & Josling 2017 37–58
  39. McKibbin WJ, Wang Z 1998. The G-cubed (agricultural) model: a tool for analyzing agriculture in a globalizing world Brookings Disc. Pap. Int. Econ., Brookings Inst Washington, DC:
  40. McKibbin WJ, Wilcoxen PJ 1998. The Theoretical and Empirical Structure of the G-Cubed Model Washington, DC: Brookings Inst
  41. McKibbin WJ, Wilcoxen PJ 2013. A global approach to energy and the environment: the G-Cubed model. Handb. Comput. Gen. Equilib. Model. 1:995–1068
     [Google Scholar]
  42. Miller MH, Spencer J 1971. The static economic effects of the UK joining the EEC and their welfare significance Rep., London Sch. Econ
  43. Monke EA, Pearson SR 1989. The Policy Analysis Matrix for Agricultural Development Ithaca, NY: Cornell Univ. Press
  44. OECD (Organ. Econ. Co-op. Dev.). 2008. OECD's Producer Support Estimate and Related Indicators of Agricultural Support: Concepts, Calculations, Interpretation and Use (The PSE Manual) Paris: OECD
     [Google Scholar]
  45. Orden D, Blandford D, Josling T 2011. WTO Disciplines on Agricultural Support: Seeking a Fair Basis for Trade Cambridge, UK: Cambridge Univ. Press
  46. Pinder J 1971. The Economics of Europe: What the Common Market Means for Britain London: Charles Knight Fed. Trust
  47. Pinstrup-Andersen P 2015. Food Price Policy in an Era of Market Instability: A Political Economy Analysis Oxford, UK: Oxford Univ. Press
  48. Rausser GC 1982. Political economic markets: PERTS and PESTS in food and agriculture. AJAE 64:5821–33
     [Google Scholar]
  49. Roberts D, Josling T 2017. Handbook of International Food and Agricultural Policies. Volume II: Policies for Food Safety and Quality, Improved Nutrition, and Food Security Singapore: World Sci
  50. Robinson S, Burfisher ME, Hinojosa-Ojeda R, Thierfelder KE 1991. Agricultural policies and migration in a US-Mexico free trade area: a computable general equilibrium analysis Work. Pap. 617 Dep. Agric. Resour. Econ., Univ. Calif Berkeley:
  51. Roningen V, Dixit P 1987. How level is the playing field? An economic analysis of agricultural policy reforms in industrial market economies Foreign Agric. Econ. Rep. 239 Econ. Res. Serv., USDA Washington, DC:
  52. Stoeckel A 1978. A small general equilibrium model of Australia's mineral industry PhD Thesis, Duke Univ Durham, NC:
  53. Stoeckel A 1985. Intersectoral effects of the CAP: growth, trade and unemployment BAE Occas. Pap. 95 Austr. Gov. Pub. Serv Canberra:
  54. Toye JFJ, Toye R 2003. The origins and interpretation of the Prebisch-Singer thesis. Hist. Political Econ. 35:3437–67
     [Google Scholar]
  55. Tyers R, Anderson K 1986. Distortions in world food markets: a quantitative assessment Backgr. Pap World Bank Dev. Rep Washington, DC:
  56. Unnevehr L 2017. Policies to improve food safety. See Roberts & Josling 2017 13–35
  57. Viner J 1950. The Customs Union Issue New York: Carnegie Endow. Int. Peace
/content/journals/10.1146/annurev-resource-100517-023123
Loading
  • Article Type: Review Article

Most Cited Most Cited RSS feed

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error