Explaining Differences in Milk Quota Values: The Role of Economic Efficiency
Antonio Alvarez,
Carlos Arias () and
Luis Orea
American Journal of Agricultural Economics, 2006, vol. 88, issue 1, 182-193
Abstract:
This article explores the relationship between milk quota values and economic efficiency in order to analyze government interventions in quota allocations among producers. For this purpose, we estimate quota values using a panel of Spanish dairy farms. Quota values are then decomposed into economic efficiency, price, and scale effects in order to assess the relative influence of these factors. We find that efficiency is important in explaining quota values but is uncorrelated with observable farm characteristics. This casts doubts on the government's ability to allocate quotas to efficient farms. Copyright 2006, Oxford University Press.
Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (21)
Downloads: (external link)
http://hdl.handle.net/10.1111/j.1467-8276.2006.00846.x (application/pdf)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Explaining Differences in Milk Quota Values: The Role of Economic Efficiency (2004) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:88:y:2006:i:1:p:182-193
Access Statistics for this article
American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu
More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().