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Agricultural Policy In A Vertical Structure Of Production With An Application To The Milk Industry

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  • Bouamra, Zohra
  • Requillart, Vincent

Abstract

This paper analyzes the effects of policy instruments used in the dairy sector. The analysis considers the supply of milk, the processing step characterized by joint production and the final demand for processed goods. A short term partial equilibrium model is defined. We use it to determine the effects of different policy scenarios on price, production, consumption and exports for the different products. Because the GATT agreements imply a decrease in the volume of subsidized exports, we particularly analyze the impact of policy instruments on the exports of different milk products.

Suggested Citation

  • Bouamra, Zohra & Requillart, Vincent, 1998. "Agricultural Policy In A Vertical Structure Of Production With An Application To The Milk Industry," 1998 Annual meeting, August 2-5, Salt Lake City, UT 21010, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea98:21010
    DOI: 10.22004/ag.econ.21010
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    References listed on IDEAS

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    1. Cox, Thomas L. & Chavas, Jean-Paul & Jesse, Edward V., 1994. "Regional Impacts of Reducing Dairy Price Supports and Removing Milk Marketing Orders in the U.S. Dairy Sector," Staff Papers 200580, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    2. Giancarlo Moschini & Paolo Sckokai, 1994. "Efficiency of Decoupled Farm Programs Under Distortionary Taxation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(3), pages 362-370.
    3. Julian M. Alston & Brian H. Hurd, 1990. "Some Neglected Social Costs of Government Spending in Farm Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(1), pages 149-156.
    4. Bruce Gardner, 1983. "Efficient Redistribution through Commodity Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 225-234.
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