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
Englisch

Erschienen in
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

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