Since government can use manifold policy instruments at various levels, which influence various social groups, the evaluation of the efficiency of income redistribution is not straight forward. The study in hand contributes to the literature by first applying a multimarket framework to recent theoretical developments in transfer efficiency analysis. A three-stage vertically-structured model including the bread grains market as well as agricultural input industries and the food processing industry is developed and ...
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Since government can use manifold policy instruments at various levels, which influence various social groups, the evaluation of the efficiency of income redistribution is not straight forward. The study in hand contributes to the literature by first applying a multimarket framework to recent theoretical developments in transfer efficiency analysis. A three-stage vertically-structured model including the bread grains market as well as agricultural input industries and the food processing industry is developed and econometrically estimated. This model and standard welfare measures are used to judge the Austrian agricultural policy. It is revealed that in addition to farmers, downstream and upstream industries benefit considerably from agricultural policy. Using nonlinear optimization procedures, it is shown that the applied policy is not Pareto efficient. Applying an optimal policy instead of the current one could Pareto improve the social state by 1.7 billion Austrian Shilling.
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Add this copy of Efficiency of Income Redistribution Through to cart. $36.95, very good condition, Sold by School Haus Books rated 4.0 out of 5 stars, ships from Saginaw, MI, UNITED STATES, published 1997 by Peter Lang Publishing.
Edition:
1997, Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Publisher:
Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Published:
1997
Language:
English
Alibris ID:
16588797061
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Seller's Description:
Very good. 1997 paperback/minor shelfwear/clean & unmarked. Trade paperback (US). Glued binding. 164 p. European University Studies. Series V, Economics and Management, 2219.
Add this copy of Efficiency of Income Redistribution Through to cart. $36.95, good condition, Sold by School Haus Books rated 4.0 out of 5 stars, ships from Saginaw, MI, UNITED STATES, published 1997 by Peter Lang Publishers.
Edition:
1997, Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Add this copy of Efficiency of Income Redistribution Through to cart. $81.69, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1997 by Peter Lang GmbH, International.
Edition:
1997, Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
