IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-02837723.html
   My bibliography  Save this paper

Regulating agriculture under asymmetric information : an empirical evaluation of the efficiency of subsidies to new farmers
[Modélisation des aides à l'installation en agriculture : une application de la théorie des contrats]

Author

Listed:
  • Catherine C. Benjamin

    (ESR - Unité de recherche d'Économie et Sociologie Rurales - INRA - Institut National de la Recherche Agronomique)

  • Yves Le Roux
  • Euan Phimister

    (University of Aberdeen)

Abstract

Dans cette communication, les développements de la théorie des contrats sont utilisés pour effectuer une évaluation empirique de l'attribution de l'aide à l'installation en agriculture. On suppose que l'objectif du régulateur est de minimiser le coût du transfert (i.e. la subvention à l'installation), étant donné un objectif en termes d'installations. Le contrat optimal s'exprime en termes d'output réalisé par l'agriculteur installé et de transfert optimal qu'il est nécessaire de lui verser pour qu'il révèle ses vraies caractéristiques. L'application au cas français repose sur un panel de 853 exploitations, dont l'exploitant est âgé de plus de 55 ans : cette sélection permet de disposer d'observations sur des exploitations devant être ou non reprises par de jeunes agriculteurs dans les années suivantes. Les résultats obtenus permettent d'avoir une première appréciation de l'arbitrage que l'Etat doit effectuer entre un objectif de politique publique, le taux de reprise souhaité, et le coût de cette politique.

Suggested Citation

  • Catherine C. Benjamin & Yves Le Roux & Euan Phimister, 2000. "Regulating agriculture under asymmetric information : an empirical evaluation of the efficiency of subsidies to new farmers [Modélisation des aides à l'installation en agriculture : une application," Post-Print hal-02837723, HAL.
    • Handle: RePEc:hal:journl:hal-02837723
    Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02837723
    as

    Download full text from publisher

    File URL: https://hal.inrae.fr/hal-02837723/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. B. Caillaud & R. Guesnerie & P. Rey & J. Tirole, 1988. "Government Intervention in Production and Incentives Theory: A Review of Recent Contributions," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 1-26, Spring.
    2. Thomas Alban, 1995. "Regulating Pollution under Asymmetric Information: The Case of Industrial Wastewater Treatment," Journal of Environmental Economics and Management, Elsevier, vol. 28(3), pages 357-373, May.
    3. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, April.
    4. JunJie Wu & Bruce A. Babcock, 1996. "Contract Design for the Purchase of Environmental Goods from Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 935-945.
    5. Dalen, Dag Morten & Gomez-Lobo, Andres, 1997. "Estimating cost functions in regulated industries characterized by asymmetric information," European Economic Review, Elsevier, vol. 41(3-5), pages 935-942, April.
    Full references (including those not matched with items on IDEAS)

    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. Catherine C. Benjamin & Yves Le Roux & Euan Phimister, 1998. "[Set up of young people as farmers in France : future prospects and contractual policy efficiency] [L'installation des jeunes agriculteurs en France : perspectives d'évolution et efficacité d'une p," Working Papers hal-02837749, HAL.
    2. Dionne, G. & Doherty, N., 1991. "Adverse Selection In Insurance Markets: A Selective Survey," Cahiers de recherche 9105, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    3. Anastassios Gentzoglanis, 2002. "Privatization, Investment and Efficiency in the Telecommunications Industry: Theory and Empirical Evidence from MENA Countries," Working Papers 0230, Economic Research Forum, revised 10 Oct 2002.
    4. Rey, Patrick & Salant, David, 2012. "Abuse of dominance and licensing of intellectual property," International Journal of Industrial Organization, Elsevier, vol. 30(6), pages 518-527.
    5. G. Dionne & N. Doherty & N. Fombaron, 2000. "Adverse Selection in Insurance Markets," THEMA Working Papers 2000-21, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    6. Janusch, Nicholas R. & Messer, Kent D. & Ferraro, Paul J. & Allen, William, 2017. "Farmer participation in nutrient management practices in Delaware: A field experiment," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258456, Agricultural and Applied Economics Association.
    7. Philippe Gagnepain & Marc Ivaldi, 2002. "Incentive Regulatory Policies: The Case of Public Transit Systems in France," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 605-629, Winter.
    8. Raymond Deneckere & André de Palma & Luc Leruth, 2016. "Risk Sharing in an Adverse Selection Model," Working Papers hal-01393213, HAL.
    9. Vergamini, Daniele & White, Benedict & Viaggi, Davide, 2015. "Agri-Environmental Policies design in Europe, USA and Australia: is an auction more cost-effective than a self-selecting contract schedule?," 2015 Fourth Congress, June 11-12, 2015, Ancona, Italy 207357, Italian Association of Agricultural and Applied Economics (AIEAA).
    10. Khalil, Fahad & Lawarree, Jacques, 2001. "Catching the agent on the wrong foot: ex post choice of monitoring," Journal of Public Economics, Elsevier, vol. 82(3), pages 327-347, December.
    11. Aguirre, Iñaki & Beitia, Arantza, 2017. "Modelling countervailing incentives in adverse selection models: A synthesis," Economic Modelling, Elsevier, vol. 62(C), pages 82-89.
    12. Peter Bogetoft & Kurt Nielsen, 2002. "DEA Based Yardstick Competition in Natural Resource Management," CIE Discussion Papers 2002-04, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
    13. Ginés Rus & M. Socorro, 2010. "Infrastructure Investment and Incentives with Supranational Funding," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 17(3), pages 551-567, September.
    14. Peter Bardsley & Ingrid Burfurd, 2008. "Contract Design for Biodiversity Procurement," Department of Economics - Working Papers Series 1031, The University of Melbourne.
    15. Ozanne, Adam & White, Benedict, 2008. "Hidden action, risk aversion and variable fines in agri-environmental schemes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(2), pages 1-10.
    16. Beniamina Margari & Fabrizio Erbetta & Carmelo Petraglia & Massimiliano Piacenza, 2007. "Regulatory and environmental effects on public transit efficiency: a mixed DEA-SFA approach," Journal of Regulatory Economics, Springer, vol. 32(2), pages 131-151, October.
    17. Rajeev K. Goel, 1999. "On contracting for uncertain R&D," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 20(2), pages 99-106.
    18. Tapas Kundu & Tore Nilssen, 2022. "Delegating pollution permits," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(2), pages 457-487, April.
    19. Martin Besfamille & Nicolás Figueroa & León Guzmán, 2023. "Ramsey pricing revisited: Natural monopoly regulation with evaders," Documentos de Trabajo 576, Instituto de Economia. Pontificia Universidad Católica de Chile..
    20. Brainard, S. Lael & Martimort, David, 1997. "Strategic trade policy with incompletely informed policymakers," Journal of International Economics, Elsevier, vol. 42(1-2), pages 33-65, February.

    More about this item

    Keywords

    Environnement; espace et société;

    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:hal:journl:hal-02837723. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.