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The Effect of Cost Heterogeneity in the Success and Failure of the New Deal's Agricultural and Industrial Programs

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  • Alexander, Barbara
  • Libecap, Gary D.

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  • Alexander, Barbara & Libecap, Gary D., 2000. "The Effect of Cost Heterogeneity in the Success and Failure of the New Deal's Agricultural and Industrial Programs," Explorations in Economic History, Elsevier, vol. 37(4), pages 370-400, October.
  • Handle: RePEc:eee:exehis:v:37:y:2000:i:4:p:370-400
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    References listed on IDEAS

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    1. Alexander, Barbara J., 1997. "Failed Cooperation in Heterogeneous Industries Under the National Recovery Administration," The Journal of Economic History, Cambridge University Press, vol. 57(2), pages 322-344, June.
    2. Schmalensee, Richard, 1987. "Competitive advantage and collusive optima," International Journal of Industrial Organization, Elsevier, vol. 5(4), pages 351-367.
    3. Howard W. Ottoson & A. W. Epp, 1956. "Size of Farm and Farming Efficiency in Northeastern Nebraska," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 38(3), pages 803-812.
    4. Collins, Robert M., 1978. "Positive Business Responses to the New Deal: The Roots of the Committee for Economic Development, 1933–1942," Business History Review, Cambridge University Press, vol. 52(3), pages 369-391, October.
    5. Demsetz, Harold, 1973. "Industry Structure, Market Rivalry, and Public Policy," Journal of Law and Economics, University of Chicago Press, vol. 16(1), pages 1-9, April.
    6. Hay, George A & Kelley, Daniel, 1974. "An Empirical Survey of Price Fixing Conspiracies," Journal of Law and Economics, University of Chicago Press, vol. 17(1), pages 13-38, April.
    7. Elizabeth Hoffman & Gary D. Libecap, 1994. "Political Bargaining and Cartelization in the New Deal: Orange Marketing Orders," NBER Chapters, in: The Regulated Economy: A Historical Approach to Political Economy, pages 189-222, National Bureau of Economic Research, Inc.
    8. Gabrielle Demange & Ponssard Jean-Pierre, 1985. "Asymmetries in Cost Structure and Incentives toward Prices Competition," Post-Print halshs-00670990, HAL.
    9. Alexander, Barbara, 1994. "The Impact of the National Industrial Recovery Act on Cartel Formation and Maintenance Costs," The Review of Economics and Statistics, MIT Press, vol. 76(2), pages 245-254, May.
    10. Matthew B. Krepps, 1997. "Another Look At The Impact Of The National Industrial Recovery Act On Cartel Formation And Maintenance Costs," The Review of Economics and Statistics, MIT Press, vol. 79(1), pages 151-154, February.
    11. Claudia Goldin & Gary D. Libecap, 1994. "Introduction to "The Regulated Economy: A Historical Approach to Political Economy"," NBER Chapters, in: The Regulated Economy: A Historical Approach to Political Economy, pages 1-12, National Bureau of Economic Research, Inc.
    12. Osborne, Dale K, 1976. "Cartel Problems," American Economic Review, American Economic Association, vol. 66(5), pages 835-844, December.
    13. Gary D. Libecap, 1998. "The Great Depression and the Regulating State: Federal Government Regulation of Agriculture, 1884-1970," NBER Chapters, in: The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, pages 181-224, National Bureau of Economic Research, Inc.
    14. Ross, Thomas W, 1984. "Winners and Losers under the Robinson-Patman Act," Journal of Law and Economics, University of Chicago Press, vol. 27(2), pages 243-271, October.
    15. Gardner, Bruce L, 1987. "Causes of U.S. Farm Commodity Programs," Journal of Political Economy, University of Chicago Press, vol. 95(2), pages 290-310, April.
    16. Claudia Goldin & Gary D. Libecap, 1994. "The Regulated Economy: A Historical Approach to Political Economy," NBER Books, National Bureau of Economic Research, Inc, number gold94-1, March.
    17. Robert H. Porter, 1983. "A Study of Cartel Stability: The Joint Executive Committee, 1880-1886," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 301-314, Autumn.
    18. Joe S. Bain, 1948. "Output Quotas in Imperfect Cartels," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 62(4), pages 617-622.
    19. Hoffman, Elizabeth & Libecap, Gary D., 1991. "Institutional Choice and the Development of U.S. Agricultural Policies in the 1920s," The Journal of Economic History, Cambridge University Press, vol. 51(2), pages 397-411, June.
    20. H. O. Carter & G. W. Dean, 1961. "Cost-Size Relationships for Cash Crop Farms in a Highly Commercialized Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 43(2), pages 264-277.
    21. P. E. Johnston, 1939. "Effect of the AAA on Farm Organization and Operation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(1), pages 46-54.
    22. T. Lynn Smith & Ralph W. Roberts, 1941. "Sources and Distribution of the Farm Population in Relation to Farm Benefit Payments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 23(3), pages 607-618.
    23. K. L. Bachman & J. C. Ellickson & W. D. Goodsell & Ray Hurley, 1948. "Appraisal of the Economic Classification of Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(4), pages 680-702.
    24. Don Paarlberg, 1983. "Effects of New Deal Farm Programs on the Agricultural Agenda a Half Century Later and Prospect for the Future," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(5), pages 1163-1167.
    25. Demange, Gabrielle & Ponssard, Jean-Pierre, 1985. "Asymmetries in cost structures and incentives towards price competition," International Journal of Industrial Organization, Elsevier, vol. 3(1), pages 85-100, March.
    26. Jacquemin, Alexis & Slade, Margaret E., 1989. "Cartels, collusion, and horizontal merger," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 7, pages 415-473, Elsevier.
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    Cited by:

    1. Chicu, Mark & Vickers, Chris & Ziebarth, Nicolas L., 2013. "Cementing the case for collusion under the National Recovery Administration," Explorations in Economic History, Elsevier, vol. 50(4), pages 487-507.
    2. Gary Libecap & James L. Smith, 2001. "Political constraints on government cartelization: the case of oil production regulation in Texas and Saudi Arabia," ICER Working Papers 16-2001, ICER - International Centre for Economic Research.
    3. Jason E. Taylor, 2007. "Cartel Code Attributes and Cartel Performance: An Industry-Level Analysis of the National Industrial Recovery Act," Journal of Law and Economics, University of Chicago Press, vol. 50(3), pages 597-624.
    4. Taylor, Jason E. & Neumann, Todd C., 2013. "The effect of institutional regime change within the new deal on industrial output and labor markets," Explorations in Economic History, Elsevier, vol. 50(4), pages 582-598.
    5. Taylor Jason E, 2010. "The Welfare Impact of Collusion under Various Industry Characteristics: A Panel Examination of Efficient Cartel Theory," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-29, October.

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