Impact of budget and tax policy on agriculture and agribusiness: the American experience

Article Abstract:

Budget and tax policies have both negative and positive effects on the agricultural sector. The most adverse policy by far is the agricultural price support system. It has caused overproduction of the protected products, benefited the richer farmers instead of the poor for whom it has been designed, and has increased the price of food which hurt the poor most. Unsupported commodities, on the other hand, are the healthiest and the most profitable in agricultural industry. The agricultural sector should also pay its fair share of taxes.

Regulation of Agricultural Marketing and Commodities, Agricultural Programs-Total Govt, Agricultural industry, Economic policy, National government, Agricultural policy, Federal government, Public policy (Law)

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Empirical analysis of competitive interaction in food product categories

Article Abstract:

An overview of research on estimating competitive interaction in food product categories is presented. Focus was made on research using scanner data conducted at the disaggregate level, including empirical studies of vertical conduct. Studies on the competitive interaction on price, as well as non-price variables were examined. Competitive interaction is the result of a complex set of variables and influences such as demand side factors, market and industry structure, firm personality and category characteristics.

Analysis, Competition (Economics)

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Mandatory versus voluntary approaches to food safety

Article Abstract:

Food safety is ensured by a combination of voluntary measures employed by the manufacturing sector and the regulatory system instituted by government agencies such as the US Dept of Agriculture and Food and Drug Administration. Food products that provide easy detection of food risks are safe even without the government's mandatory controls. Those products that do not fall in this category, however, should be heavily regulated by the government.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Consumer Protection Programs NEC, Social Responsibility, Product Safety-Foods & Additives, Research, Laws, regulations and rules, Consumer protection, Prevention, Food additives, Foodborne diseases, Product safety, Corporate social responsibility, Food safety

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