Balagtas, Joseph Valdes; Masters, William J.; Zimmer, … - Agricultural and Applied Economics Association - AAEA - 2005
This paper documents the remarkable experience of the Far West mint producers in the operation of their marketing order. From 1993 to 2002, the marketing order witnessed a dramatic reduction its share of the Scotch spearmint market, as well as a reduction in both its price. We apply a model of a...