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EU Dairy Quota Reform – AGMEMOD Scenario Analysis AgEcon
Chantreuil, Frederic; Donnellan, Trevor; van Leeuwen, Myrna; Salamon, Petra; Tabeau, Andrzej A.; Bartova, Lubica.
This study provides an in-depth model based quantitative analysis of the implications of the dairy policy reform on the milk and dairy market as well as on other agricultural markets in the EU27, EU15, EU12 and the individual MS. The objectives of the study are threefold: 1. to assess the implications of changing policy and market conditions on EU agriculture with special emphasis on milk quota phasing out and export subsidy removal by using a modelling tool; 2. to carry out policy relevant scenarios reflecting deregulation (e.g. quota abolition), changes in quota and price levels, different types and levels of direct payments; and 3. to analyse the implications of policy reform scenarios and to draw appropriate policy recommendations. Based on an overview...
Tipo: Conference Paper or Presentation Palavras-chave: Milk Quota; Policy Analysis; Partial Equilibrium Modelling.; Agricultural and Food Policy.
Ano: 2008 URL: http://purl.umn.edu/43655
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Milk Quota Systems: Considerations of Market and Welfare Effects AgEcon
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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Auction Experiments and Simulations of Milk Quota Exchanges AgEcon
Brümmer, Bernhard; Loy, Jens-Peter; Requate, Till.
Since 2000 Germany has a fairly unique market mechanism to trade milk quotas between dairy farms. The two major features are: (1) a quasi auctioning system that produces excess demands which are covered by state reserves free of charge and (2) a price band is used to exclude high price bids. For both features an experimental design is developed to study their impact in comparison to a regular seller’s sealed bid double auction. Results show that both treatments lead to significant misallocations. These are due the direct impact of regulations and due to an imperfect adjustment of bidding functions towards them. The major goal of the market design to reduce quota prices is reached, however, at significant trade losses.
Tipo: Conference Paper or Presentation Palavras-chave: Double Auction; Experiment; Milk Quota; Germany; Institutional and Behavioral Economics; Research Methods/ Statistical Methods; L11; D44; Q13.
Ano: 2010 URL: http://purl.umn.edu/61304
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Quota Deregulation and Organic versus Conventional Milk – A Bayesian Distance Function Approach AgEcon
Sauer, Johannes.
Milk quota trading rules differ across EU member countries. In Denmark a biannual milk quota exchange was set up in 1997 to promote a more efficient reallocation of milk quotas as well as to reduce transaction costs related to the searching and matching of sellers and buyers. Using two comprehensive panel data sets on organic and conventional milk farms this study attempts to disentangle the effects of the introduction of an increased quota transferability on the production structure of those farms as well as the probability of market entry and exit. Bayesian estimation techniques are used to estimate an input oriented generalized Leontief distance function as well as a curvature constrained specification. The results suggest that the deregulation in the...
Tipo: Conference Paper or Presentation Palavras-chave: Organic Farming; Milk Quota; Distance Function; Bayesian Analysis.
Ano: 2008 URL: http://purl.umn.edu/36869
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Structural Change in the Dairy Sectors of Germany and The Netherlands - A Markov Chain Analysis AgEcon
Huettel, Silke; Jongeneel, Roelof A..
With the milk quota announced to be abolished in the future, the dairy sector is going to face a significant policy regime shift. This paper sets out to analyze the impact of milk quotas on the dairy farm structure of two important milk producing member states: Germany and the Netherlands. Based on proper behavioral assumptions, non stationary Markov chain models are specified and estimated using a generalized cross entropy procedure, which takes into account both sample and prior information. Moreover four mobility indicators characterizing structural change are developed and calculated. Structural change in the dairy sector as measured by the mobility measures is faster in West Germany than in the Netherlands. However, in the transition region East...
Tipo: Conference Paper or Presentation Palavras-chave: Markov Chain; Milk Quota; Structural Change; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/43659
Registros recuperados: 5
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