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Beurteilung des Milchquotenbörsensystems in Deutschland

Author

Listed:
  • Brümmer, Bernhard
  • Loy, Jens-Peter
  • Struve, Carsten

Abstract

In this paper the newly established rules for trading milk quotas in Germany are analyzed. These regulations have been in force since April 2000. Following a brief historical review of the quota system, the major changes in economic incentives regarding trading milk and the expected welfare implications are derived. Next, the effects of the new trading rules on quota prices in comparison to a reference system (sealed bid double auction) are discussed. In the empirical part the significance of the theoretical effects is illustrated. Recent changes in the regulations for quota trade are shown to have little effect in terms of mitigating these problems.

Suggested Citation

  • Brümmer, Bernhard & Loy, Jens-Peter & Struve, Carsten, 2003. "Beurteilung des Milchquotenbörsensystems in Deutschland," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 52(06), pages 1-14.
    • Handle: RePEc:ags:gjagec:97978
    DOI: 10.22004/ag.econ.97978
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    Cited by:

    1. Christian Schaper & Ludwig Theuvsen & Achim Spiller, 2010. "Risikoneigung und Risikoverhalten von Milch-erzeugern: Eine Typologisierung," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 3(1), pages 157-193.
    2. Wocken, C. & Schaper, C. & Lassen, B. & Spiller, A. & Theuvsen, L., 2009. "Risikowahrnehmung in Milchviehbetrieben: Eine empirische Studie zur vergleichenden Bewertung von Politik-, Markt- und Produktionsrisiken," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 44, March.

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