Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
Optimisation of policy interventions in environmental quota
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Autores: |
Buysse, Jeroen
Van der Straeten, Bart
Nolte, Stephan
Claeys, Dakerlia
Lauwers, Ludwig H.
Van Huylenbroeck, Guido
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Data: |
2010-04-30
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Ano: |
2010
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Palavras-chave: |
Production rights
Quota
Dynamic programming
Transaction costs
Agricultural and Food Policy
Farm Management
Land Economics/Use
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Resumo: |
The paper analyses the governance choices in production quota with the Flemish nutrient production rights as a case. A static model of quota trade in the short run shows the inefficiency of discrete non-auctioned trade with fixed transaction costs. This model also shows that an obligation to quota sellers to stop their production stimulates structural change. A dynamic model of trade indicates that the measures taken to prevent speculative behaviour causes inefficiencies and stimulates overuse of quota if the penalties are too low. Finally, the dynamic model indicates that a flat rate reduction on traded quota combined with too low penalties for overuse stimulate the total production.
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Tipo: |
Conference Paper or Presentation
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Idioma: |
Inglês
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Identificador: |
http://purl.umn.edu/61084
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Relação: |
European Association of Agricultural Economists>114th Seminar, April 15-16, 2010, Berlin, Germany
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Formato: |
20
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