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Agricultural Support, Farm Land Values and Sectoral Adjustment : The Implications for Policy Reform / Organisation for Economic Co-operation and Development.
- Format:
- Book
- Government document
- Author/Creator:
- Organisation for Economic Co-operation and Development
- Language:
- English
- Subjects (All):
- Agriculture and Food.
- Physical Description:
- 1 online resource (118 pages)
- Place of Publication:
- Paris : OECD Publishing, 2008.
- System Details:
- text file
- Summary:
- Governments intervene in the agricultural sector through policies that both support and shape agricultural production. This leads to two important outcomes. First, agriculture specific programmes intended to increase the welfare of farmers can become capitalised into asset values. Second, many policies, in particular regulatory ones, reduce asset mobility, resulting in reduced economic efficiency due a sub-optimal allocation of resources. This study focuses on the capitalisation of government support into land rents and prices. It assesses the consequences of inflated asset values, and suggests lessons for future policy making.
- Contents:
- Policy Implications and Conclusions
- A Framework to Analyse Policies that Affect Asset Capitalisation and Mobility
- Annexes
- Introduction
- Theoretical Foundations for Asset Capitalisation
- Land prices, Empirical Evidence and Literature Review.
- Notes:
- Title from title screen (viewed May 1, 2017).
- ISBN:
- 9789264031739
- Access Restriction:
- Restricted for use by site license.
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