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| Vavra, Pavel. |
| Although the key concept of a quota is simple to set a limit on production the market and welfare implications of operating a quota system are relatively complex. The purpose of the analysis reported in this paper is to address two aspects relevant to an evaluation of quota systems. First, quota is typically contingent on the existence of another policy, namely market price support, and as such, interacts with other policy tools in pursuing defined policy objectives. The paper examines analytically and empirically the trade-offs that exist among the individual policy tools for a given policy objective. Second, the paper discusses some important welfare effects of quota systems that are not often considered in the literature. It illustrates that if... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Milk Quota; Policy Objectives; Welfare Analysis; Quota Rent; Agricultural and Food Policy; Livestock Production/Industries. |
| Ano: 2006 |
URL: http://purl.umn.edu/25349 |
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| Kuga, Nobunori; Vavra, Pavel; Anton, Jesus; Dewbre, Joe. |
| Analysis with a stylised model of milk price determination shows that on a dollar for dollar basis it is theoretically possible for milk price support resulting from discriminatory pricing to be as or even more trade distorting than milk price support resulting from explicit trade intervention in dairy product markets. Numerical results suggest that this result depends mainly on the initial trading status of the country in question. However, other parameters, especially the relative elasticities of demand for fluid versus manufacturing milk also matter. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/21951 |
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| Vavra, Pavel; Kuga, Nobunori; Anton, Jesus; Dewbre, Joe. |
| Milk producers in virtually every OECD country, and in many non-OECD countries as well, benefit from government interventions. Indeed, government support and protection for milk producers is more widespread than for any of the other commodities for which the OECD calculates producer subsidy equivalents. The purpose of the analysis reported in this paper was to investigate the relative market effects of these two varieties of government intervention in milk pricing: 1) interventions through trade measures applied to dairy products and 2) discriminatory pricing arrangements. Which kind of policy creates 'dollar-for-dollar' the greater effects? This paper shows the answer to that question is - it depends. Neither economic theory by itself, nor economic theory... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
| Ano: 2003 |
URL: http://purl.umn.edu/25862 |
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