Price Discrimination or Price Stabilization: Debating with Models of U.S. Dairy Policy

Bruce Gardner

No 278929, 1984 Annual Meeting, August 5-8, Ithaca, New York from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Two views on U.S. dairy policy are, first, that it is an instance of the "capture" theory of economic regulation -- that • ••• it serves the interests of dairy producers at the expense of - ) ••• consumers and taxpayers by raising dairy product prices -- and second 2 that. dairy policy to correct - market failure is an instance of governmental action that dairy policy serves the joint interests of producers, consumers, and taxpayers. This paper discUsses several analytical issues which have been important in the debate between these views.

Keywords: Agricultural and Food Policy; Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 19
Date: 1984-08
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Citations: View citations in EconPapers (6)

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Journal Article: Price Discrimination or Price Stabilization: Debating with Models of U.S. Dairy Policy (1984)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea84:278929

DOI: 10.22004/ag.econ.278929

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