Trade Restrictions on Farmland - a Utilitarian Analysis of Paternalistic Laws
Stefan Mann ()
No 30709, Working Papers from Agroscope Reckenholz Tanikon (ART)
The aim of this paper is to approach the normative analysis of paternalistic laws. Our examples are restrictions on trade in agricultural land: a quantitative restriction in Switzerland and Germany and a fixed price range for lease land in France. We develop a normative framework from the literature and apply it to the restrictions. It shows that the quantitative restrictions apparently rest on a misunderstanding of structural change and can therefore hardly be justified, whereas the price allegation protects from information asymmetries which would lead to unfair results. Hence it can be shown that a normative analysis of paternalistic interventions can produce meaningful results.
Keywords: International Relations/Trade (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:ags:artawp:30709
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