Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour, Third Edition

Review\n"Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour is a needed addition to the literature and an excellent text for a class on agricultural policy, applied welfare economics, or political economy. The book presents a wise and clear theoretical foundation, which is used to address the most important agricultural and resource policy issues of our time. It is a great classroom text and an extremely useful reference for scholars and professionals. I recommend it strongly." -- David Zilberman, Professor and Robinson Chair in the Department of Agricultural and Resource Economics, University of California, Berkeley\n"This is a well-written text that should be accessible to any economics or agricultural economics student studying agricultural policy. The figures and the text throughout work well in explaining to senior-level students the different aspects of agricultural policies, while the appendices and the more detailed analyses in each chapter help to provide an in-depth analysis for master’s level students." -- Michael Vassalos, Associate Professor of Agribusiness, Clemson University\nCosting billions of dollars annually, international trade in agricultural products is impactful and influenced by several factors, including climate change, food policy, and government legislation. The third edition of Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour provides comprehensive economic analyses of the policies that affect agriculture and agribusiness in Canada and the United States.
Looking at current agricultural policies, the third edition includes new chapters on food pyramids, climate change, and GMOs, while also highlighting the effect of international policies on Canadian trade, including the problematic US ethanol policy. The new edition addresses current issues, including how the COVID-19 pandemic has negatively affected agricultural value chains and played a hand in the ongoing growth in opioid use.
Including a number of key findings, and discussing current debates on topics including foreign ownership of Canadian farmland, Agricultural Policy, Agribusiness, and Rent-Seeking Behaviour will appeal to students in agricultural economics and policy, as well as policymakers, agricultural firms, energy companies, and readers wishing to reduce their nation’s carbon footprint.