Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets
Gordon Rausser, and
Johan Swinnen. 2013. "Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets."
Journal of Economic Literature,
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.
Article Full-Text Access
Anderson, Kym (U Adelaide and Australian National U)
Rausser, Gordon (U CA, Berkeley)
Swinnen, Johan (Catholic U Leuven and Stanford U)
F13: Trade Policy; International Trade Organizations
Q11: Agriculture: Aggregate Supply and Demand Analysis; Prices
Q17: Agriculture in International Trade
Q18: Agricultural Policy; Food Policy