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The Canadian Farm Products Agencies Act (2012) requires that comparative advantage be used to guide the allocation of new quota under supply management. This requirement, however, has not been met in practice. Agricultural economists have proposed several ways of making this legal requirement...
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2050.The KRU (Kazakhstan, Russia and Ukraine) countries account for approximately a quarter of world wheat exports and are … collectively considered one of the key wheat exporting regions. The Ukraine became a member of the WTO only in 2008. Russia became … an official member of the WTO in 2012 and Kazakhstan is expected to follow Russia and reach an accession deal with WTO …
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We examine the effect of farm level cost and scale efficiencies on dairy quota exchanges in Ontario. A constrained profit maximization framework is used to illustrate the role of cost efficiency in quota exchanges (i.e., sales and purchases). Using a multinomial logit model, where net quota...
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