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Registros recuperados: 10
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A STATIC POLICY FOR A DYNAMIC INDUSTRY: THE CALIFORNIA YOUNG ACT OF 1935 AgEcon
Sumner, Daniel A.; Wilson, Norbert L.W..
An economic history of the development of California dairy policies from 1935 to 1965 is used to support the hypothesis that the incompatibility of discrete policy changes for a dynamic industry generates deadweight losses. Combining quantitative industry data with legal and personal narratives provides evidence in support of the hypothesis.
Tipo: Conference Paper or Presentation Palavras-chave: Dairy policy; Quota; Agricultural history; Agricultural and Food Policy.
Ano: 1999 URL: http://purl.umn.edu/21566
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The Impact of Milk Quota Abolishment on Dutch Agriculture and Economy: Applying an Agricultural Sector Model Integrated Into a Mixed Input-Output Model AgEcon
Helming, John F.M.; Peerlings, Jack H.M..
A modelling system is presented and used to analyse the impact of milk quota abolishment on Dutch agriculture and economy. The modelling system consists of a regionalised, agri-environmental, partial equilibrium, mathematical programming model of agriculture supply in the Netherlands integrated into a mixed input-output model. It was found that abolition of the milk quota system has large impacts on milk production and livestock numbers and composition. The latter is explained by the strict mineral and manure policies in the Netherlands; an increase in the numbers of dairy cows leaves less room for other livestock. It is also found that, although the total effect on gross value added in the Dutch economy is limited, the effects for individual industries...
Tipo: Conference Paper or Presentation Palavras-chave: Mathematical programming; Manure markets; Input-Output; Dairy policy; Agribusiness.
Ano: 2002 URL: http://purl.umn.edu/24911
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Analyzing Relationships Between Cash and Futures Dairy Markets Using Partially Overlapping Time Series AgEcon
Bozic, Marin; Fortenbery, T. Randall.
Replaced with revised version of paper 02/10/10.
Tipo: Conference Paper or Presentation Palavras-chave: Partially overlapping time series; Spectral analysis; Risk premium; Futures markets; Dairy policy; Dairy industry; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Q13; Q14; Q18.
Ano: 2010 URL: http://purl.umn.edu/56545
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THE 'MILK QUOTAS RENT PUZZLE' IN THE EU: ECONOMIC SIGNIFICANCE, REVIEW, AND POLICY RELEVANCE AgEcon
Jongeneel, Roelof A.; Tonini, Axel.
In the so-called Common Agricultural Policy (CAP) 'Health Check' the European Commission has recently proposed gradual transitional measures to allow a 'soft landing' of the milk sector to quota expiry. The aim of this paper is to support policy makers to get better insights in the implications of some of the most important economic assumptions and empirical choices made in partial equilibrium models focusing on dairy. Three partial equilibrium models are considered: the Agricultural Member states MODeling (AGMEMOD) model, the Common Agricultural Policy SIMulation (CAPSIM) model, and the European Dairy Industry Model (EDIM). The paper analyzes how the most important economic supply components, as they are part of the three key dairy models, affect milk...
Tipo: Conference Paper or Presentation Palavras-chave: Milk quota rents; Supply response; Shifters; Dairy policy; Equilibrium models.; Agricultural and Food Policy; Political Economy; Research Methods/ Statistical Methods; C01; C02; Q12; Q13..
Ano: 2008 URL: http://purl.umn.edu/44796
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Explaining Variations in the Price of Dairy Quota: Flow Returns, Liquidity, Quota Characteristics, and Policy Risk AgEcon
Wilson, Norbert L.W.; Sumner, Daniel A..
An econometric model based on the net present value model is used to examine factors that drive the variation of California dairy quota values over a 29-year period. The results suggest the price of quota is based on expected returns, variations in quota owner liquidity, and the risk of policy default. The dominant influence on the variation of the quota price was the historical variation in monthly flow of net benefits from owning quota. This analysis confirms that the rate of return to quota rises in periods of policy uncertainty.
Tipo: Journal Article Palavras-chave: Adaptive expectations; Capitalization of policy; Dairy policy; Policy risk; Quota; Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/31145
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U.S. Dairy at a Global Crossroads AgEcon
Blayney, Donald P.; Gehlhar, Mark J.; Bolling, H. Christine; Jones, Keithly G.; Langley, Suchada V.; Normile, Mary Anne; Somwaru, Agapi.
Current dynamics in world dairy markets and the potential for global and domestic trade policy reform are bringing the U.S. dairy sector to a new crossroads as it faces competitive forces from outside its borders. Those forces—demand for new products by consumers in industrialized countries, changes in technology, rapid economic growth in emerging developing countries, particularly in Asia, and the increasing role of multinational firms in domestic and global dairy markets—are leading to increased dairy consumption, more opportunities for dairy product trade, and foreign direct investment benefiting both U.S. consumers and producers. As global demand for milk and new dairy products expands, the roles of policies that support prices are diminishing, while...
Tipo: Report Palavras-chave: International dairy markets; Dairy trade; Dairy policy; Tariffs; Production quotas; Foreign direct investment; Cheese; Butter; Dry milk powders; Agribusiness; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/7209
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Trade Liberalization in International Dairy Markets: Estimated Impacts AgEcon
Langley, Suchada V.; Somwaru, Agapi; Normile, Mary Anne.
A partial-equilibrium, multiple-commodity, multiregion model of agricultural policy and trade is used to simulate the effects of changes in domestic and trade policy on dairy production, consumption, prices, and trade. Simulations using the ERS-Penn State Trade model analyze the effects of separately and concurrently relaxing domestic income and price supports, and import restrictions and export subsidies, with special attention to tariff-rate and milk production quotas. Modeling results indicate that liberalization would reduce world dairy product supplies and increase the value of dairy trade.
Tipo: Report Palavras-chave: Dairy markets; Dairy policy; Trade models; Global liberalization; International Relations/Trade.
Ano: 2006 URL: http://purl.umn.edu/7214
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The Dynamics of the U.S. Milk Supply: Implications for Changes in U.S. Dairy Policy AgEcon
Bozic, Marin; Gould, Brian W..
There is continuing pressure by various farm groups to attempt to solve the chronic problems in the U.S. dairy industry represented by increased milk price variability, inability to generate positive returns at the farm level, increasing role of dairy exports as an important market for U.S. dairy products, etc. As such it is important for analysts and policy makers obtain an estimate as to how responsive dairy producers are to changing economic and technological conditions. Examples of previous research used to examine supply response in the U.S. dairy sector include LaFrance and deGorter (1985), Chavas and Klemme (1986), Thraen and Hammond (1987), Chavas, Krauss and Jesse (1990), Chavas and Krauss (1990), Yavuz, et al, (1996) and USDA (2007). These...
Tipo: Working or Discussion Paper Palavras-chave: Milk supply; Long-run elasticities; Dairy policy; Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods; Q11.
Ano: 2009 URL: http://purl.umn.edu/53818
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Price Discrimination and EU Dairy Policy: An Economic Evaluation of Policy Options AgEcon
Bouamra-Mechemache, Zohra; Chavas, Jean-Paul; Cox, Thomas L.; Requillart, Vincent.
In a period of market liberalization and multilateral trade negotiations, price discrimination for commodities with distinct markets provides additional policy options to support farm income. While both the USA and Canada have implemented price discrimination policies in their domestic dairy sector, so far the European Union (EU) has not. This paper evaluates the options of developing a price discrimination policy in the EU dairy sector. The analysis is based on an interregional model of the EU dairy sector, involving milk production, dairy processing, and consumption of ten dairy commodities in nine regions. The paper shows that a price discrimination policy that increases prices for commodities with more inelastic demand (fluid milk, soft dairy products)...
Tipo: Conference Paper or Presentation Palavras-chave: EU; Price discrimination; Pooling; Dairy policy; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/24899
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Structural change in the EU dairy sector AgEcon
Peerlings, Jack H.M.; Polman, Nico B.P.; Krol, Noortje.
The aim of this paper to determine how structure and governance in the dairy sector in four different regions in the European Union alter as a result of the change in EU’s dairy policy. For this purpose two models of structural change are developed and interviews are held. Results differ between the regions depending on whether or not they are export oriented, their growth in farm size and farm exit rates.
Tipo: Conference Paper or Presentation Palavras-chave: Structural change; Dairy policy; Governance; Agricultural and Food Policy; Farm Management; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/61088
Registros recuperados: 10
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