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PRODUCT TRADING — AN ALTERNATIVE TO TRANSFERABLE WHEAT QUOTAS

PRODUCT TRADING — AN ALTERNATIVE TO TRANSFERABLE WHEAT QUOTAS This note examines the implications of permitting producers to trade wheat amongst themselves. The outcome, in efficiency terms, is identical to that achieved with transferable quotas. For some producers, there may be advantages in product trading that are not available in transferable quotas. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Australian Journal of Agricultural Resource Economics Wiley

PRODUCT TRADING — AN ALTERNATIVE TO TRANSFERABLE WHEAT QUOTAS

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References (3)

Publisher
Wiley
Copyright
Copyright © 1972 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1364-985X
eISSN
1467-8489
DOI
10.1111/j.1467-8489.1972.tb00101.x
Publisher site
See Article on Publisher Site

Abstract

This note examines the implications of permitting producers to trade wheat amongst themselves. The outcome, in efficiency terms, is identical to that achieved with transferable quotas. For some producers, there may be advantages in product trading that are not available in transferable quotas.

Journal

The Australian Journal of Agricultural Resource Economics – Wiley

Published: Dec 1, 1972

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