Agricultural Policy for the 21st Century

Agricultural policy reform has become a very hot topic. Over the next couple of years we will see the funding for these programs being hotly debated. The thesis of this book is that a better-informed public is essential to bring rationality to farm policy. This book provides telling evidence that markets work, that competent commercial farmers will earn returns on their resources as high as those earned elsewhere in the absence of income transfer to farmers.

Luther G. Tweeten is Professor Emeritus of Agricultural Marketing, Policy, and Trade, Department of Agricultural, Environmental, and Development Economics, The Ohio State University, Columbus. An internationally acclaimed agricultural policy economist, Tweeten is the author/co-author of eight books and over 500 journal articles and published papers.

Stanley R. Thompson is the editor of Agricultural Policy for the 21st Century, published by Wiley.

Foreward

ix

D. Gale Johnson

Preface

xi

Farm Commodity Programs: Essential Safety Net or Corporate Welfare?

1

(34)

Luther Tweeten

Agricultural Policy: Pre- and Post-FAIR Act Comparisons

35

(20)

Bruce L. Gardner

The Content of Farm Policy in the Twenty-first Century

55

(15)

David Orden

An Empirical Analysis of the Farm Problem: Comparability in Rates of Return

70

(21)

Jeffrey W. Hopkins

Mitchell Morehart

Income Variability of U.S. Crop Farms and Public Policy

91

(18)

Carl Zulauf

Crop Insurance: Inherent Problems and Innovative Solutions

109

(18)

Shiva S. Makki

Impact of Agribusiness Market Power on Farmers

127

(19)

Suresh Persaud

Luther Tweeten

Do Farmers Receive Huge Rents for Small Lobbying Efforts?

146

(14)

David Bullock

Jay S. Coggins

Coalitions and Competitiveness: Why Has the Sugar Program Been Resilient?

160

(24)

Charles B. Moss

Andrew Schmitz

Ben Hill Griffin Jr.

Farmland Is Not Just for Farming Any More: The Policy Trends

184

(20)

Lawrence W. Libby

C. William Swank

Kuznets Curves For Environmental Degradation and Resource Depletion

204

(27)

Aref A. Hervani

Luther Tweeten

Food Security, Trade, and Agricultural Commodity Policy

231

(14)

Daniel A. Sumner

Frank H. Buck Jr.

Competing Paradigms in the OECD and Their Impact on the WTO Agricultural Talks

245

(20)

Tim Josling

The Changing Economics of Agriculture and the Environment

265

(21)

David E. Ervin

Frank Casey

Rational Policy Processes for a Pluralistic World

286

(16)

Alan Randall

Index

302

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Agricultural Policy for the 21st Century

Summary

Author Biography

Table of Contents

Supplemental Materials