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A Static Policy For A Dynamic Industry: The California Young Act Of 1935

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  • Sumner, Daniel A.
  • Wilson, Norbert L.W.

Abstract

An economic history of the development of California dairy policies from 1935 to 1965 is used to support the hypothesis that the incompatibility of discrete policy changes for a dynamic industry generates deadweight losses. Combining quantitative industry data with legal and personal narratives provides evidence in support of the hypothesis.

Suggested Citation

  • Sumner, Daniel A. & Wilson, Norbert L.W., 1999. "A Static Policy For A Dynamic Industry: The California Young Act Of 1935," 1999 Annual meeting, August 8-11, Nashville, TN 21566, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21566
    DOI: 10.22004/ag.econ.21566
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    References listed on IDEAS

    as
    1. Daniel A. Sumner & Christopher A. Wolf, 1996. "Quotas without Supply Control: Effects of Dairy Quota Policy in California," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(2), pages 354-366.
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    Agricultural and Food Policy;

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