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Legal and Economic Rights of Holders of Government Allotments

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  • E. C. Pasour

Abstract

Property rights of holders of tobacco and other crop allotments are explored. A decrease in demand induced by government action resulting in a decrease in allotment value is analyzed from the standpoint of a legal "taking." Such losses are contrasted with noncompensable losses due to regulatory powers of government.

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  • E. C. Pasour, 1972. "Legal and Economic Rights of Holders of Government Allotments," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(4_Part_1), pages 622-626.
    • Handle: RePEc:oup:ajagec:v:54:y:1972:i:4_part_1:p:622-626.
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    File URL: http://hdl.handle.net/10.2307/1238538
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