This textbook integrates three related fields in economics, namely agricultural/forestry economics, environmental economics, and international trade, by foregrounding cost-benefit analysis as a significant policy tool.

Exploring how welfare measures can be used in the analysis of agricultural, trade, and other economic policies, Applied Welfare Economics, Trade, and Agricultural Policy Analysis fills a gap in the literature on agricultural policy analysis by explaining the economic efficiency improvements and income transfers of various agricultural policy reforms in the United States, Canada, and the European Union.

G. Cornelis van Kooten addresses methods of identifying and measuring economic surpluses (costs and benefits), the precautionary principle, identification of an appropriate discount rate, the importance of non-market values, and the role of agriculture in trade negotiations and climate change. Applied Welfare Economics, Trade, and Agricultural Policy Analysis draws on new research, brings attention to the existing literature, and includes review questions that challenge programming skills. The techniques developed in this text can be applied to the development and reform of agricultural policies in various regions in response to trade negotiations and many other situations involving government policy.

About the Author
G. Cornelis Van Kooten is a professor of Economics and Canada Research Chair in Environmental Studies and Climate at the University of Victoria.


Book Information
ISBN 9781487506070
Author G. Cornelis van Kooten
Format Hardback
Page Count 326
Imprint University of Toronto Press
Publisher University of Toronto Press
Weight(grams) 840g
Dimensions(mm) 264mm * 211mm * 23mm