Policy preference functions: grand themes and new directions

H. Love, Gordon Rausser and Diana M. Burton

Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley

Abstract: Policy preference functions (PPFs) explicate trade-offs among various political economic groups concerned with the policy process. Estimation methods for PPFs are detailed. The stochastic nature of PPF parameters is discussed and a method for developing standard errors is introduced. Hypothesis testing and model validation techniques are also covered.

Keywords: agricultural policies; agriculture; economic policy (search for similar items in EconPapers)
Date: 1990-05-01
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Citations: View citations in EconPapers (3)

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