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This project had origins in 1987 in communication between Yutaka Yoshioka, Chairman, Japan International Agricultural Council, and Kenneth Farrell, Vice President for Agriculture and Natural Resources, the University of California-Berkeley. Projects were proposed in "long-term food and consumption trends" and "a comparative analysis of farm structure in the United States and Japan" (letter from Farrell to Yoshioka, April 20, 1987). Proposals and counterproposals were sent back and forth but the project accelerated after Professor Wen Chern of The Ohio State University learned of the project from Professor Naraomi Imamura of the University of Tokyo on a visit to Tokyo in September 1989. Because of pressing administrative responsibilities precluding an active role in the project, Kenneth Farrell recommended to Professor Imamura that the project be carried out with Professor Chern and associates.

This book provides the foundation needed to understand, interpret, and analyze farm policy. It rests on the proposition that farm policy can be studied properly only when it is placed within its social, economic, and political setting.

This book was written to make modem policy analysis methods accessible to policy analysts. It can improve policy decisions by combining the best analytical methods with the power of analysts' and decisionmakers' good judgment and with microcomputer hardware and software.

This book includes papers presented in a one-day symposium and four discussion-group sessions during the International Association of Agricultural Economists Conference on "Comparative Analysis of Food Demand/Consumption and Agricultural Structure/Supply in the United States and Japan" in 1991.

This book provides the foundation needed to understand, interpret, and analyze farm policy. It rests on the proposition that farm policy can be studied properly only when it is placed within its social, economic, and political setting.

This book was written to make modem policy analysis methods accessible to policy analysts. It can improve policy decisions by combining the best analytical methods with the power of analysts' and decisionmakers' good judgment and with microcomputer hardware and software.

Agricultural policy reform has become a very hot topic. Over the next couple of years we will see the funding for these programs being hotly debated. The thesis of this book is that a better-informed public is essential to bring rationality to farm policy. This book provides telling evidence that markets work, that competent commercial farmers will earn returns on their resources as high as those earned elsewhere in the absence of income transfer to farmers.