A NOTE: A CLARIFICATION OF THE ROLE OF YIELD UNCERTAINTY IN INFLUENCING OVER-QUOTA PRODUCTION
| dc.creator | Fraser, Rob W. | |
| dc.date | 2017-04-01T17:09:24Z | |
| dc.date.accessioned | 2026-07-09T03:39:34Z | |
| dc.description | The literature shows that the influence of yield uncertainty on production relative to quota is ambiguous in the case of a single market. This paper uses a two-market framework (quota market and secondary market) with multiplicative yield uncertainty to show that if over-quota production in the absence of yield uncertainty is profitable, then the presence of yield uncertainty is unambiguously a further stimulus to over-quota production. The analysis is discussed in the context of recent changes to the marketing arrangements for Western Australian potatoes. | |
| dc.identifier | doi:10.22004/ag.econ.22402 | |
| dc.identifier | https://ageconsearch.umn.edu/record/22402/files/39020165.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/22402 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/537681 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/22402 | |
| dc.title | A NOTE: A CLARIFICATION OF THE ROLE OF YIELD UNCERTAINTY IN INFLUENCING OVER-QUOTA PRODUCTION | |
| dc.type | Text |