Agricultural Support, Farm Land Values and Sectoral Adjustment The Implications for Policy Reform

Agricultural Support, Farm Land Values and Sectoral Adjustment The Implications for Policy Reform

EnglishEbook
OECD
OECD Publishing
EAN: 9789264031739
Available online
CZK 630
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Detailed information

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.
EAN 9789264031739
ISBN 9264031731
Binding Ebook
Publisher OECD Publishing
Publication date May 5, 2008
Pages 118
Language English
Country France
Authors Oecd
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