Measurement of Government Intervention: A Comparison of Alternative Concepts
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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Abstract
The variation in protection awarded to agricultural commodities indicates some general patterns of protection across industrialized and developing countries. This paper provides an analytical overview of the political economy market of agricultural protection. A comprehensive comparative analysis of different measurement concepts and their respective polio coverage is discussed. A graphic exposition of the policy effects captured by selected measurement concepts is provided for different market conditions.