|
|
|
|
|
| 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 |
| |
|
|
| 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 |
| |
|
|
|
