To achieve its strategic objective of food security, the Government of India (GOI) maintains an elaborate set of food grain policies which include public procurement and price support operations, price stabilisation through buffer stocks, public food grain distribution, and extensive controls on...

This empirical study uses 100 years of annual data on II agricultural commodities from Belgium to measure the impact of structural changes coinciding with economic development and changes in political institutions on agricultural protection. The analysis shows that changes in agricultural...

The objective of this paper is to conduct theoretical inquiries and empirical analysis on the issue of institutional evolution for resource management, focusing on irrigation water, a traditional local common property resource. Two management schemes for inigation water, a community management...

Stabilization of prices is an important element of food policy in India as in most other countries - both developing and developed. However, since the magnitude of grain stocks held for this purpose as well as the costs of physical storage have become prohibitively high, there is now a need for...

Both informal and formal loans matter in agriculture. However, formal lenders provide many more production loans than informal lenders, often at a cost (mostly loan default cost) higher than what they can recover. For example, the Agricultural Development Bank of Pakistan (ADBP), providing about...

This paper focuses on how farmers respond with respect to the adoption of soil conservation measures to governmental agricultural policies aiming at supporting smallholders. A simple micro-economic framework was chosen to undertake an analysis of farmer choices among three activities; farming,...

An assumption shared by most agricultural economists is that, as farm numbers decline in a democratic government, farm policy attention from rule-makers will decline as well. This assumption - despite important work to the contrary in institutional economics - is often voiced in federated...

This paper reports the results of a study of the economic content and the decision-making process of the recently adopted U.S. 1990 agricultural and food policy. It is the most comprehensive policy of its type. It represents the broadest participation of private individuals and interests groups,...