The subject matter of agricultural economics has both broadened and deepened and the chapters of this handbook present innovative work in the field. This volume contains part 5 of the handbook on "agricultural and food policy" and follows on from volume 2A which has chapters on "agriculture, natural resources and the environment" and "agriculture in the macroeconomy". Although agricultural economists have always paid attention to these topics, research devoted to them has increased substantially in scope as well as depth in recent years.

The chapters collected here explore a number of different issues, including the operation of the tariff-rate quotas established under the Uruguay Round Agreement, the implications of sanitary and phytosanitary restrictions on trade, and the growing controversy over genetically modified organisms. In addition, several chapters analyze the interaction between agricultural trade and environmental concerns. The relative prosperity in U.S. agriculture that attended the passage of the Federal Agriculture Improvement and Reform Act of 1996 was followed by a general decline in U.S. agricultural prices from 1998 to 2000. This trend in declining prices continues through the year 2001, despite the movement toward more liberalized agricultural trade. Trade liberalization has been the result of a variety of factors, including the implementation of the Uruguay Round Agreement, and the establishment of a variety of regional trade agreements, such as the North America Free Trade Agreement. Needless to say, in the face of falling agricultural prices and increasingly liberalized agricultural trade, the agricultural policy scene is an extremely complex one, both locally and globally. This volume does not pretend to offer a single, systematic prescription for what the next agricultural policy should be. Rather, the arguments and analyses contained herein are intended to highlight several issues that must be considered in the continuing debates on agricultural policy.

The subject matter of agricultural economics has both broadened and deepened in recent years, and the chapters of this Handbook present the most exciting and innovative work being done today. Following Volume 1, Volume 2 consists of three parts: 'Agriculture, Natural Resources and the Environment', 'Agriculture in the Macroeconomy' and 'Agriculture and Food Policy'. Although agricultural economists have always paid attention to these topics, research devoted to them has increased substantially in scope as well as depth in recent years.

This first volume of the "Handbook of Agricultural Economics" presents work on topics central to the economics of agriculture: the quantitative representation of technology; market expectations; household production behaviour; consumer behaviour with uncertain quality and safety of goods; and issues of imperfect competition in food marketing. Volume IB deals with the economics of agricultural products after they leave the farm. Seven chapters explain recent developments in application of dual approaches in household economies, the industrial organization of food marketing, marketing margins between farm and retail prices, spatial price analysis, commodity storage and price stabilization, commodity futures and options markets, and the economics of food safety. Volumes IA and IB each follow their specialized chapters with a synthesis chapter that brings together and assesses the main themes and issues of the field, and volume IB concludes with an overall synthesis of the state of and prospects for agricultural economics as applied economic science.

In 1985, the U.S. Congress confronted the difficult and complex task of developing a 5-year omnibus legislation allowing for lower commodity prices. But, policies predicated on the concept of agriculture as a unique sector of the economy became less and less appropriate to the highly interdependent, open agricultural economy throughout the 1980s. First published in 1985, this collection of 16 papers and related discussions contained in these proceedings is an important contribution toward understanding the issues, options, and dilemmas in U.S. agricultural policy. This is an ideal title for students interested in environmental studies, agriculture, and national policy.

In 1985, the U.S. Congress confronted the difficult and complex task of developing a 5-year omnibus legislation allowing for lower commodity prices. But, policies predicated on the concept of agriculture as a unique sector of the economy became less and less appropriate to the highly interdependent, open agricultural economy throughout the 1980s. First published in 1985, this collection of 16 papers and related discussions contained in these proceedings is an important contribution toward understanding the issues, options, and dilemmas in U.S. agricultural policy. This is an ideal title for students interested in environmental studies, agriculture, and national policy.

This first volume of the "Handbook of Agricultural Economics" presents work on topics central to the economics of agriculture: the quantitative representation of technology; market expectations; household production behaviour; consumer behaviour with uncertain quality and safety of goods; and issues of imperfect competition in food marketing. Volume 1A treats issues in agricultural production, representing the consequences of decades of work deepening and widening the original focus of agricultural economics on farm management. In addition to the theory and estimation of production and supply behaviour in agriculture, chapters are devoted to topics on which major advancements have been made: technological change; returns to agricultural research; the industrial structure of agriculture, land institutions and markets; and human capital and finance. Two chapters are further specialized to rural labour and household issues: migration and the role of women in developing countries.

The chapters collected here explore a number of different issues, including the operation of the tariff-rate quotas established under the Uruguay Round Agreement, the implications of sanitary and phytosanitary restrictions on trade, and the growing controversy over genetically modified organisms. In addition, several chapters analyze the interaction between agricultural trade and environmental concerns. The relative prosperity in U.S. agriculture that attended the passage of the Federal Agriculture Improvement and Reform Act of 1996 was followed by a general decline in U.S. agricultural prices from 1998 to 2000. This trend in declining prices continues through the year 2001, despite the movement toward more liberalized agricultural trade. Trade liberalization has been the result of a variety of factors, including the implementation of the Uruguay Round Agreement, and the establishment of a variety of regional trade agreements, such as the North America Free Trade Agreement. Needless to say, in the face of falling agricultural prices and increasingly liberalized agricultural trade, the agricultural policy scene is an extremely complex one, both locally and globally.This volume does not pretend to offer a single, systematic prescription for what the next agricultural policy should be. Rather, the arguments and analyses contained herein are intended to highlight several issues that must be considered in the continuing debates on agricultural policy.

This volume is dedicated to understanding the political economy obstacles to trade reform, especially global agricultural trade reform, and how these obstacles can be surmounted. The focus is on the trade reform under the GATT negotiations. New political-economic methodologies are used to assess and evaluate the obstacles and original scholarly analyses have been designed to explain why agriculture - among so many topics - became such a significant problem in the most recent Uruguay Round of the GATT.

This book analyzes the links between political economics, governance structures and the distribution of political power in economic policy making. The book theoretically explains and empirically quantifies these interactions. The analysis includes both public good policies and redistributive policies. Part I of the book presents the conceptual foundations of political-economic bargaining and interest group analysis. After presenting the underlying theory, Part II of the book examines ideology, prescription and political power coefficients; Part III analyzes a number of specific structures; and Part IV presents a framework for political econometrics with a number of empirical applications and testable hypotheses. In all four parts of the book, four analytical dimensions of public policy are distinguished: governance structures, political economy, mechanism design and incidence.

This book analyzes the links between political economics, governance structures and the distribution of political power in economic policy making. The book theoretically explains and empirically quantifies these interactions. The analysis includes both public good policies and redistributive policies. Part I of the book presents the conceptual foundations of political-economic bargaining and interest group analysis. After presenting the underlying theory, Part II of the book examines ideology, prescription and political power coefficients; Part III analyzes a number of specific structures; and Part IV presents a framework for political econometrics with a number of empirical applications and testable hypotheses. In all four parts of the book, four analytical dimensions of public policy are distinguished: governance structures, political economy, mechanism design and incidence.