A Quantitative Investigation of a Political Economy—The Israeli Dairy Program

Pinhas Zusman and Amotz Amiad

American Journal of Agricultural Economics, 1977, vol. 59, issue 1, 88-98

Abstract: The formation of economic policy reflects the underlying economic and political structure. A game theoretic approach is employed in formulating the political structure, which is then combined with the economic structure to yield a model of a political economy. The parameters of the model are estimable from observed behavior. A model of the Israeli dairy program is constructed and estimated. The power relations and the structure of the conflict among interest groups are investigated.

Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:59:y:1977:i:1:p:88-98.

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