The intended and unintended effects of U.S. agricultural and biotechnology policies / edited by Joshua S. Graff Zivin and Jeffrey M. Perloff.

Includes bibliographical references and indexes.

An overview of the intended and unintended effects of U.S. agricultural and biotechnology policies / Joshua S. Graff Zivin and Jeffrey M. Perloff -- Agricultural policy -- The buck stops where? The distribution of agricultural subsidies / Barry K. Goodwin, Ashok K. Mishra, and François Ortalo-Magné -- Modeling processor market power and the incidence of agricultural policy: a non-parametric approach / Rachael E. Goodhue and Carlo Russo -- The politics and economics of the U.S. Crop Insurance Program / Bruce A. Babcock -- Supply and effects of specialty crop insurance / Ethan Ligon -- Risk response in agriculture / Jeffrey LaFrance, Rulon Pope, and Jesse Tack -- Biofuels and biotechnology -- Commodity price volatility in the biofuel era: an examination of the linkage between energy and agricultural markets / Thomas W. Hertel and Jayson Beckman -- Meeting the mandate for biofuels: implications for land use, food and fuel prices / Xiaoguang Chen, Haixiao Huang, Madhu Khanna, and Hayri Önal -- Land for food and fuel production: the role of agricultural biotechnology / Steven Sexton and David Zilberman.

Print version record.

Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs-created to support farmers but often benefiting crop processors instead-the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating ten.

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