Effects of Control on the Domestic Peanut Industry
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The domestic peanut industry has operated under Government programs for over 40 years, programs designed primarily to Increase producers' Income The author evaluates effects of these controls on the Industry and provides an estimate of their indirect costs to consumers
The major novelty of the annual econ ometric model of the industry used In the analysis IS the methodology for estimating the supply function Instead of actual time series data, the supply function IS estimated from pseudodata generated by
linear programming models