Role of institutions in rural policies and agricultural markets / edited by Guido van Huylenbroeck, Wim Verbeke, Ludwig Lauwers.

Includes bibliographical references and index.

Cover -- Copyright Page -- Contents -- Preface -- Contributors -- Chapter 1. Analysis of Institutions: A New Lens to Rural Policies and Agricultural Markets -- 1.1 Do institutions matter for the organisation of the agro-food sector? -- 1.2 Agriculture: an interesting case for institutional economics -- 1.3 Structure of the book -- 1.4 Epilogue. -- Part I: Transaction Cost Economics, a state-of-the-art -- Chapter 2. Transaction Cost Economics and Agriculture: An Excursion -- 2.1 Introduction -- 2.2 Orthodoxy -- 2.3 New ideas -- 2.4 Transaction Cost Economics: Conceptualisation -- 2.5 Transaction Cost Economics: Operationalisation -- 2.6 Applications to agriculture -- 2.7 Conclusions -- Part II: Policy reform, institutional determinants and outcomes -- Chapter 3. The Subtle Art of Major Institutional Reform: Introducing Property Rights in the Iceland Fisheries -- 3.1 Introduction -- 3.2 Some propositions concerning major institutional change -- 3.3 Social disequilibrium in Iceland's fishing sector -- 3.4 Iceland's ITQs and property rights -- 3.5 Exclusion and internal governance: ITQs and dumping at sea -- 3.6 Incomplete models and governance in ocean fishing -- 3.7 The feedback: mixed signals -- Chapter 4. The Role of Institutions in the Negotiations for Accession to the European Union -- 4.1 Introduction -- 4.2 The analytical framework -- 4.3 Process, issues and actors of negotiations -- 4.4 Evaluation of the decision-making process. -- 4.5 Conclusions -- Chapter 5. The European Parliament: From a Consultative to a Decisive Institution in the CAP Making Process -- 5.1 Introduction -- 5.2 Decision-making process in the CAP -- 5.3 Data and methodology -- 5.4 The Role of the EP under CD -- 5.5 Conclusions -- Chapter 6. The Reorientation Process of the CAP Support: Modulation of Direct Payments -- 6.1 Introduction -- 6.2 Voluntary-based modulation in the horizontal regulation -- 6.3 Designing compulsory modulation -- 6.4 The reinforcement of the second pillar -- 6.5 Redistribution effects among member States -- 6.6 Conclusions -- Part III: Formalisation of the links between institutions and policy -- Chapter 7. Rules and Equilibria: A Formal Conceptualisation of Institutions with an Application to Norwegian Agricultural Policy Making -- 7.1 Introduction -- 7.2 The institutional structure of Norwegian agricultural policy formation -- 7.3 Presentation of the formal framework -- 7.4 Application to Norwegian agricultural policy making -- 7.5 Conclusions -- Chapter 8. Decision-Making on the Common Agricultural Policy of the EU: The Influence of the European Commission -- 8.1 Introduction -- 8.2 Member States Preferences on the CAP -- 8.3 A Model of the CAP Decision-Making Process -- 8.4 Commission Influence and Status Quo Bias -- 8.5 Status Quo bias. -- 8.6 Package deals. -- 8.7 Conclusions -- Chapter 9. The Role of Institutions in Agricultural Protectionism -- 9.1 Introduction -- 9.2 Political economy and institutions -- 9.3 Theoretical model derivation -- 9.4 Model.

Print version record.

The agri-food sector is continuously confronted with major challenges. It is a complex sector in the economy because of its important societal implications and embeddedness within a broader rural system. Furthermore, the agricultural sector is a multi-agent sector with a complex chain of inputs, intermediates, outputs and markets that are highly regulated. Multi-agency and strong government regulation result in a complex institutional system. The aim of this book is to bring a selected state-of-the-art of the conceptual and empirical New Institutional Economics-inspired research by European ag.

English.

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