| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
A NOTE: A CLARIFICATION OF THE ROLE OF YIELD UNCERTAINTY IN INFLUENCING OVER-QUOTA PRODUCTION
|
| Autores: |
Fraser, Rob W.
|
| Data: |
2006-10-11
|
| Ano: |
1995
|
| Palavras-chave: |
Production Economics
|
| Resumo: |
The literature shows that the influence of yield uncertainty on production relative to quota is ambiguous in the case of a single market. This paper uses a two-market framework (quota market and secondary market) with multiplicative yield uncertainty to show that if over-quota production in the absence of yield uncertainty is profitable, then the presence of yield uncertainty is unambiguously a further stimulus to over-quota production. The analysis is discussed in the context of recent changes to the marketing arrangements for Western Australian potatoes.
|
| Tipo: |
Journal Article
|
| Idioma: |
Inglês
|
| Identificador: |
24048
http://purl.umn.edu/22402
|
| Editor: |
AgEcon Search
|
| Relação: |
Australian Journal of Agricultural Economics>Volume 39, Number 02, August 1995
|
| Formato: |
5
application/pdf
|
|
