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The elimination of the single-desk monopsony/monopoly granted to the Canadian Wheat Board for western Canadian milling wheat acquisitions and sales will have ramifications for Canadian-U.S. trade relations. This article speculates on the volume of future north/south wheat trade flows. Given this...
Persistent link: https://www.econbiz.de/10011142443
Persistent link: https://www.econbiz.de/10008916055
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
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