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Chvosta, Jan; Rucker, Randal R.; Thurman, Walter N.. |
The U.S. peanut program has limited peanut production since 1949. Unlike the programs for grains, cotton, and rice, the 1996 FAIR Act left the peanut program largely intact. As before FAIR (and since 1977) the right to grow peanuts for the domestic edible market is embodied in marketing quota, which can be leased and sold. The FAIR Act for the first time allowed quota movement across county lines. We now have four years of experience with peanut quota markets post-FAIR. In some parts of the country, quota has moved as much as the regulatory caps allow. But in most of the traditional peanut-growing areas of the Southeast there has been little cross-county movement. In this paper we analyze a large county-level panel of pre- and post-FAIR data to... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2001 |
URL: http://purl.umn.edu/20557 |
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