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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...
Persistent link: https://www.econbiz.de/10010920256
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...
Persistent link: https://www.econbiz.de/10010882179
This paper considers how the welfare of U.S. sugar producers can be affected by the use of production controls in the presence of rising sugar imports and falling sugar prices, taking into account the negative externalities associated with U.S. sugar production. Even if production controls are...
Persistent link: https://www.econbiz.de/10008474532
Canada's largest dairy producing province, Quebec, a ceiling on the price of quotas has been in effect since 2007. Previous …
Persistent link: https://www.econbiz.de/10011143533
The price discovery structure for eggs used for manufacturing purposes in Canada has been pretty much the same for the … Canada. This study focuses on the representativeness of the UB index by looking at causality links between the ECI spot …
Persistent link: https://www.econbiz.de/10011069182
Octopus exports are an important source of foreign exchange for Mauritania. The export market has historically been dominated by coordinated Japanese buyers, a situation that led Mauritania to create the Societe Mauritanienne de Commercialisation de Poisson (SMCP) to negotiate with buyers and...
Persistent link: https://www.econbiz.de/10009442639
This paper addresses the question of whether the export demand for soybeans and soybean products changed structurally over the 1950 to 1992 period as the U.S. agricultural sector became more integrated with the rest of the world economy. The results suggest that export demands were stable for...
Persistent link: https://www.econbiz.de/10009442647