© 2010

The Economic Impact of Public Support to Agriculture

An International Perspective

  • V. Eldon Ball
  • Roberto Fanfani
  • Luciano Gutierrez

Part of the Studies in Productivity and Efficiency book series (SIPE, volume 7)

Table of contents

  1. Front Matter
    Pages i-xi
  2. New Directions in Agricultural Policy: US and European Perspectives

    1. Front Matter
      Pages 9-9
    2. V. Eldon Ball, Roberto Fanfani, Luciano Gutierrez
      Pages 1-8
  3. New Directions in Agricultural Policy: US and European Perspectives

    1. Front Matter
      Pages 9-9
    2. Carmel Cahill, Roger Martini
      Pages 11-39
    3. Andrew Schmitz, Troy G. Schmitz
      Pages 41-66
    4. Julian M. Alston
      Pages 81-105
  4. Agricultural Policy and Economic Performance

    1. Front Matter
      Pages 107-107
    2. Subal C. Kumbhakar, Gudbrand Lien
      Pages 109-124
    3. V. Eldon Ball, Rolf Färe, Shawna Grosskopf, Dimitri Margaritis
      Pages 125-139
  5. Energy and Agricultural Policy

    1. Front Matter
      Pages 141-141
    2. May Peters, Richard Stillman, Agapi Somwaru
      Pages 143-154
    3. C. S. Kim, Glenn Schaible, Stan Daberkow
      Pages 171-190
  6. International Trade and Domestic Agricultural Policy

    1. Front Matter
      Pages 211-211
    2. V. Eldon Ball, J.-P. Butault, Carlos San Juan, Ricardo Mora
      Pages 243-271
    3. Luciano Gutierrez, Cristina Brasili, Roberto Fanfani
      Pages 273-289

About this book


The recent reforms of the Common Agricultural Policy (CAP) of the European Union extend in a significant way the “decoupling” process started some ten years earlier. By adopting the Single Farm Payment (SFP) scheme only limited support for agriculture is tied to current production decisions. This is also true of U.S. farm policy. The reform act of 1996 introduced greater planting flexibility, shifted some support to direct payments, and eliminated the authority for acreage reduction programs. The 2002 and 2008 Acts retained these features. However, they added countercyclical components to direct payments based on market prices and historic production, and allowed for updating of base acreage underlying direct payments. These steps arguably reintroduced ties between support and production decisions. This volume explores the economic implications of these recent changes in the design of agricultural policies for the economic performance of the sector in the European Union and the United States. The book is organized around five themes: (1) New Directions in Agricultural Policy: U.S. and EU Perspectives; (2) Agricultural Policy and Economic performance; (3) Energy and Agricultural Policy; (4) International Trade and Agricultural Policy; and (5) Commodity Programs and Risk Management. The authors apply rigorous tools to analyze the impact and implications of current agricultural policies on efficiency, productivity, and competitiveness in the sector, and consider opportunities for improvement in policymaking and practice.


Agricultural Economics Agricultural Policy Agriculture Bio-fuels Common Agricultural Policy (CAP) Efficiency Productivity U.S. Farm Bill compliance political economy

Editors and affiliations

  • V. Eldon Ball
    • 1
  • Roberto Fanfani
    • 2
  • Luciano Gutierrez
    • 3
  1. 1.Economic Research ServiceU.S. Dept. of AgricultureWashingtonUSA
  2. 2., Department of StatisticsUniversity of BolognaBolognaItaly
  3. 3.University of SassariSassariItaly

Bibliographic information

  • Book Title The Economic Impact of Public Support to Agriculture
  • Book Subtitle An International Perspective
  • Editors Virgil Ball
    Roberto Fanfani
    Luciano Gutierrez
  • Series Title Studies in Productivity and Efficiency
  • Series Abbreviated Title Studies in Productivity
  • DOI
  • Copyright Information Springer-Verlag New York 2010
  • Publisher Name Springer, New York, NY
  • eBook Packages Business and Economics Economics and Finance (R0)
  • Hardcover ISBN 978-1-4419-6384-0
  • Softcover ISBN 978-1-4614-2641-7
  • eBook ISBN 978-1-4419-6385-7
  • Edition Number 1
  • Number of Pages XII, 348
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Agricultural Economics
    Economic Policy
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking


From the reviews:

“This volume originated from a conference organised by the US Department of Agriculture Economic Research Service (ERS) and the International Association of Agro-Food Systems in June 2008. … the volume contributions come predominantly from US-based authors. European agricultural economists may find the methodologies used in some of the US papers of interest in suggesting techniques that might be applicable to EU data.” (Alan Matthews, European Review of Agricultural Economics, Vol. 39 (2), April, 2012)