| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
PRICE VERSUS QUOTA REDUCTIONS: U.S. FLUE-CURED TOBACCO POLICY
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| Autores: |
Brown, A. Blake
Martin, Laura L.
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| Data: |
2003-01-09
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| Ano: |
1996
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| Palavras-chave: |
Flue-cured
Policy
Price reduction
Quota
Tobacco
Agricultural and Food Policy
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| Resumo: |
Declining domestic cigarette consumption, increased global competition, and loss of import restrictions indicate decreased demand for U.S. flue-cured tobacco. The effects of 10% declines in domestic and export demand are evaluated under a policy of reducing quota to maintain price versus a policy of allowing price to fall to maintain quota. Changes in prices, quantities, revenues, and economic rents are simulated. Losses to nonfarming quota owners are minimized under a policy of price maintenance, while losses in revenues to tobacco-producing areas are minimized by a policy of quota maintenance. Aggregate losses to tobacco growers are greater under a policy of quota maintenance.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
6695
http://purl.umn.edu/15112
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 28, Number 02, December 1996
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| Formato: |
8
application/pdf
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