NDLI: Judging Agricultural Policies: A Framework for Understanding How We Have Done It in the Past and Suggestions as to How We Should Do It in the Future (2000)

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Judging Agricultural Policies: A Framework for Understanding How We Have Done It in the Past and Suggestions as to How We Should Do It in the Future (2000)

Content Provider	CiteSeerX
Author	Bullock, David S. Salhofer, Klaus Diskussionspapier Nr. -W.
Abstract	economic and econometric theory are simply tools by which to meet this ultimate goal. Since agricultural economics is mainly an applied science, agricultural policy analysts like Luther Tweeten find themselves at the end of a long line of economic research, recipients of the work of basic theorists, and responsible for applying the tools they have received in practical ways to provide direct policy analysis and recommendations. In short, it is the duty of agricultural policy economists to apply economic theory to judge (assess, compare, rank) agricultural policy. Whenever researchers try to judge a policy they have to impose value judgments, and hence are conducting normative analysis. Since agricultural economics is mainly an applied science, normative (or welfare economic) analysis of agricultural policy has a long tradition (Griliches, 1958; Nerlove, 1958; Wallace, 1962) and is nowadays an essential part of the scientific output of our profession as well as of what we teach in agri...
File Format	PDF
Publisher Date	2000-01-01
Publisher Institution	Universität Für Bodenkultur Wien
Access Restriction	Open
Subject Keyword	Economic Research Agricultural Policy Analyst Scientific Output Value Judgment Essential Part Practical Way Normative Analysis Long Tradition Basic Theorist Luther Tweeten Long Line Econometric Theory Agricultural Policy Economist Applied Science Agricultural Policy Direct Policy Analysis Economic Theory Ultimate Goal Agricultural Economics
Content Type	Text

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