AGRICULTURAL POLICY IN A VERTICAL STRUCTURE OF PRODUCTION WITH AN APPLICATION TO THE MILK INDUSTRY
Zohra Bouamra and
Vincent Réquillart
Authors registered in the RePEc Author Service: Zohra Bouamra Mechemache
No 21010, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
This paper analyzes the effects of policy instruments used in the dairy sector. The analysis considers the supply of milk, the processing step characterized by joint production and the final demand for processed goods. A short term partial equilibrium model is defined. We use it to determine the effects of different policy scenarios on price, production, consumption and exports for the different products. Because the GATT agreements imply a decrease in the volume of subsidized exports, we particularly analyze the impact of policy instruments on the exports of different milk products.
Keywords: Agricultural and Food Policy; Industrial Organization; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 15
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea98:21010
DOI: 10.22004/ag.econ.21010
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