Premium
A Quantitative Investigation of a Political Economy—The Israeli Dairy Program
Author(s) -
Zusman Pinhas,
Amiad Amotz
Publication year - 1977
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1239612
Subject(s) - politics , political structure , economics , yield (engineering) , power (physics) , economic system , political science , materials science , physics , quantum mechanics , law , metallurgy
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.