TY - JOUR
T1 - Political economy of public policies
T2 - Insights from distortions to agricultural and food markets
AU - Anderson, Kym
AU - Rausser, Gordon
AU - Swinnen, Johan
PY - 2013/6
Y1 - 2013/6
N2 - 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 fuctuations 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.
AB - 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 fuctuations 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.
UR - http://www.scopus.com/inward/record.url?scp=84879680126&partnerID=8YFLogxK
U2 - 10.1257/jel.51.2.423
DO - 10.1257/jel.51.2.423
M3 - Review article
SN - 0022-0515
VL - 51
SP - 423
EP - 477
JO - Journal of Economic Literature
JF - Journal of Economic Literature
IS - 2
ER -