The key to good policy analysis is asking the right questions about existing or proposed policies. This book explains how to analyze agricultural and natural-resource policy with particular emphasis on Australia. This text aims to develop a systematic theoretical framework that integrates economic efficiency and public choice analysis. It should enable students to understand the principles that underpin good policy-making, how economists understand and evaluate the policy-making process, and how to apply these principles. Part I provides a theoretical and empirical context for agricultural and resource policy in Australia. It includes a detailed description of the Australian institutions that make agricultural and resource policy. Policy issues that are confined to the agricultural and resource sector are considered in Parts II and III, input and product markets in Part II and structural change in Part III. The interaction of the agricultural and resources sector with the rest of the economy, and the importance for agriculture of policies outside the sector, are evaluated in Part IV. This text should be valuable to students studying policy analysis in agriculture, economics, commerce, and business courses. It should also be an important reference for anyone interested in agriculture and natural resources.
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David Godden is a Senior Lecturer in the Department of Agricultural Economics at the University of Sydney
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