The changing price of butter

David Mayes

European Review of Agricultural Economics, 1974, vol. 2, issue 3, 339-359

Abstract: Summary This article examines the causes and effects of the rapid rise and fall in prices in the United Kingdom's import market for butter during the years 1970 to 1972. A simple model is set up to show the workings of the market under quotas during the years 1967 to 1969. This model is used to test whether there is any difference in the structural operation of the market when the constraint is removed The interrelationship between the prices of butter from the various exporters to the U.K. is explored and implications for the effects of price rises entailed by the adoption of the EEC's Common Agricultural Policy are drawn.

Date: 1974
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/erae/2.3.339 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
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:erevae:v:2:y:1974:i:3:p:339-359.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().