IDEAS home Printed from https://ideas.repec.org/a/ags/agreko/267316.html
   My bibliography  Save this article

Agriculture And The State: Market Processes And Bureaucracy

Author

Listed:
  • Pasour, E. C., Jr.

Abstract

This paper_considers the politi_cal econ~my of agriculture and the implications for economic analysis. In doing so, four topics are ad~ ressed. First, problems o~ pi:ivat~ choice are c?ntras!ed with_ those encountered in collective choice. Second, the "market failure" ra! 10nale for govern~ent red1~tnbut10~ progr~ms m agnculture 1s contrasted with "rent seeking". Third, implications of information and •?cen~1ve p~blems inherent m ~ollecllve ch~1ce are e~lored. ~e subjective nature of cost is shown to be important in economic regulation, mclud1n~ cost of produc!1on as a basis for agncultural price supports. Finally, the results of the analysis are related to the work agenda of agncul!ural econom_ists. The Robbin_sian maximization approach is contrasted with radical subjectivism. If information about mea~s and ends ~s assumed given,. the economic proble~ ~ecomcs computational. The challenge is to develop economic analyses that proVIde ~ore s_at1sfactol):' explan_a!1ons of human behaVIor m a world of uncertainty, where outcomes of plans differ from predictions. ~on_o~ic efficiency stud1_es tra_d111onally have ~ocuse~ on outcomes of the market process. However, since costs and benefits arc subjectiv~, 11 IS argued th~t effic_iency 1s more appropnatel_Y Judged by_the process through which transactions are carried out than by the results. lnsights from public choice theory and neo-Austrian economics are held to be important in improving the institutional framework in public policy analysis.

Suggested Citation

  • Pasour, E. C., Jr., 1990. "Agriculture And The State: Market Processes And Bureaucracy," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 29(4), December.
    • Handle: RePEc:ags:agreko:267316
    DOI: 10.22004/ag.econ.267316
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/267316/files/06-Pasour.pdf
    Download Restriction: no
    File URL: https://ageconsearch.umn.edu/record/267316/files/06-Pasour.pdf?subformat=pdfa
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.267316?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sandmo, Agnar, 1990. "Buchanan on Political Economy: A Review Article," Journal of Economic Literature, American Economic Association, vol. 28(1), pages 50-65, March.
    2. Gordon Tullock, 1975. "The Transitional Gains Trap," Bell Journal of Economics, The RAND Corporation, vol. 6(2), pages 671-678, Autumn.
    3. E. C. Pasour, 1980. "Cost of Production: A Defensible Basis for Agricultural Price Supports?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(2), pages 244-248.
    4. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
    5. Charles W. Baird, 1989. "James Buchanan and the Austrians: The Common Ground," Cato Journal, Cato Journal, Cato Institute, vol. 9(1), pages 201-230, Spring/Su.
    6. Jack Wiseman, 1989. "Cost, Choice and Political Economy," Books, Edward Elgar Publishing, number 472.
    7. Ellman,Michael, 2014. "Socialist Planning," Cambridge Books, Cambridge University Press, number 9781107074736, January.
    8. Robbins, Lionel [Lord], 1981. "Economics and Political Economy," American Economic Review, American Economic Association, vol. 71(2), pages 1-10, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Goodwin, Barry K., 2000. "Instability And Risk In U.S. Agriculture," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 18(01), pages 1-19, March.
    2. David Pelletier & Vivica Kraak & Christine McCullum & Ulla Uusitalo, 2000. "Values, public policy, and community food security," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 17(1), pages 75-93, March.
    3. Gary D. Libecap, 1998. "The Great Depression and the Regulating State: Federal Government Regulation of Agriculture, 1884-1970," NBER Chapters, in: The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, pages 181-224, National Bureau of Economic Research, Inc.
    4. Mahabile, M. & Lyne, Michael C. & Panin, A., 2005. "An empirical analysis of factors affecting the productivity of livestock in southern Botswana," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(01), pages 1-19, March.
    5. Mahabile, M & Lyne, M & Panin, A, 2002. "Factors Affecting The Productivity Of Communal And Private Livestock Farmers In Southern Botswana: A Descriptive Analysis Of Sample Survey Results," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 41(4).
    6. James Risbey & Milind Kandlikar & Hadi Dowlatabadi & Dean Graetz, 1999. "Scale, context, and decision making in agricultural adaptation to climate variability and change," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 4(2), pages 137-165, June.
    7. Simms, P., 1996. "A Financial Model To Fund Land Redistribution In The Sugar Industry Of Kwazulu-Natal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 35(4), December.
    8. Pasour, E. C., Jr., 1990. "Agricultural Policy Analysis: Problems And Opportunities," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 29(4), December.
    9. Simms, Peter, 1997. "Land Redistribution in South Africa - Some Practical Lessons," 11th Congress, University of Calgary, Canada, July 14-19, 1997 346364, International Farm Management Association.
    10. Vink, N., 1992. "Expanding The Playing Field: South Africa, Southern Africa And The Role Of The Agricultural Economist," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 31(4), December.
    11. MC Lyne & MAG Darroch, 1997. "Broadening access to land markets: Financing emerging farmers in South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 14(4), pages 561-568.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pasour, E.C., Jr., 1980. "A Critique Of Federal Agricultural Programs," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 12(01), pages 1-9, July.
    2. Pasour, E. C., Jr., 1990. "Agricultural Policy Analysis: Problems And Opportunities," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 29(4), December.
    3. Timothy P. Roth, 2014. "Economists and the State," Books, Edward Elgar Publishing, number 15078.
    4. Glenn Furton & Adam Martin, 2019. "Beyond market failure and government failure," Public Choice, Springer, vol. 178(1), pages 197-216, January.
    5. Kamath Shyam J., 1994. "Privatization: A Market Prospect Perspective," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 5(1), pages 53-104, March.
    6. repec:elg:eechap:15325_11 is not listed on IDEAS
    7. Garey Durden & Steven Millsaps, 1996. "James Buchanan's contributions to social and economic thought: Citation counts, self-assessment, and peer review," Constitutional Political Economy, Springer, vol. 7(2), pages 133-151, June.
    8. Tan Ngoc Vu & Duc Hong Vo & Michael McAleer, 2019. "Rent seeking for export licenses: Application to the Vietnam rice market," Documentos de Trabajo del ICAE 2019-13, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    9. Colander, David, 2009. "What Was “It” That Robbins Was Defining?," Journal of the History of Economic Thought, Cambridge University Press, vol. 31(4), pages 437-448, December.
    10. Hahn Robert, 2010. "Designing Smarter Regulation with Improved Benefit-Cost Analysis," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-19, July.
    11. E. Pasour, 1983. "A limited defense of Pareto optimal redistribution: Comment," Public Choice, Springer, vol. 41(3), pages 451-454, January.
    12. Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
    13. Richard Langlois, 2013. "The Institutional Revolution: A review essay," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(4), pages 383-395, December.
    14. Thiago Dumont Oliveira & Carlos Eduardo Suprinyak, 2016. "Lionel Robbins’ first-step individualism and the prehistory of microfoundations," Textos para Discussão Cedeplar-UFMG 537, Cedeplar, Universidade Federal de Minas Gerais.
    15. Ludwig van den Hauwe, 2005. "Public Choice, Constitutional Political Economy and Law and Economics," Method and Hist of Econ Thought 0508001, University Library of Munich, Germany, revised 09 Aug 2005.
    16. R. L. Jones & K. R. Page, 1981. "Market Failure and Superannuation — A Comment," The Economic Record, The Economic Society of Australia, vol. 57(1), pages 86-88, March.
    17. Juan Carlos De Pablo, 2001. "Ideas, intereses y valores," CEMA Working Papers: Serie Documentos de Trabajo. 196, Universidad del CEMA.
    18. Petrick, Martin, 2004. "Governing Structural Change And Externalities In Agriculture: Toward A Normative Institutional Economics Of Rural Development," IAMO Discussion Papers 14878, Institute of Agricultural Development in Transition Economies (IAMO).
    19. Michelle R. Garfinkel & Stergios Skaperdas & Constantinos Syropoulos, 2009. "International Trade and Transnational Insecurity: How Comparative Advantage and Power are Jointly Determined," Working Papers 080921, University of California-Irvine, Department of Economics.
    20. Engelhardt Sebastian von & Freytag Andreas & Köllmann Volker, 2013. "Wettbewerbspolitischer Handlungsbedarf bei der Verknüpfung von zweiseitigen Märkten im Internet: Der Fall Google," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 62(3), pages 311-332, December.
    21. Peter Boettke, 2017. "Robert Tollison and operationalizing public choice," Public Choice, Springer, vol. 171(1), pages 17-22, April.

    More about this item

    Keywords

    Agricultural and Food Policy; Marketing;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:agreko:267316. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aeasaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.