Arbeitspapier
Governing structural change and externalities in agriculture: toward a normative institutional economics of rural development
The paper aims at a conceptual contribution to the normative economic analysis of rural de-velopment (RD) policies. RD is regarded as a problem of interaction between individuals; (lacking) structural change or the (missing) integration of externalities are therefore recon-structed as coordination rather than allocation problems. A social dilemma is taken as the paradigmatic core of normative institutional economics: how can potential gains from coop-eration be realised by way of institutional policy? Starting from a critique of the hitherto dominating welfare economics conception, three principles for institutional policy are de-rived: (1) the realisation of gains from cooperation as the normative, regulative idea, (2) in-centive-compatible self-regulation as the principle of individual action, and (3) institutional-ised competition as the institution-related principle. An application to rural credit markets demonstrates how these principles can be used to structure institutional policy of RD.
- Sprache
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Englisch
- Erschienen in
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Series: Discussion Paper ; No. 73
- Klassifikation
-
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Conflict; Conflict Resolution; Alliances; Revolutions
Agricultural Policy; Food Policy
Environmental Economics: Government Policy
- Thema
-
rural development
institutional economics
welfare economics
social dilemma
ländliche Entwicklung
Institutionenökonomik
Wohlfahrtsökonomik
soziales Dilemma.
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Petrick, Martin
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Agricultural Development in Central and Eastern Europe (IAMO)
- (wo)
-
Halle (Saale)
- (wann)
-
2004
- Handle
- URN
-
urn:nbn:de:gbv:3:2-22552
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Petrick, Martin
- Institute of Agricultural Development in Central and Eastern Europe (IAMO)
Entstanden
- 2004