IDEAS home Printed from https://ideas.repec.org/a/oup/erevae/v21y1994i1p5-30.html
   My bibliography  Save this article

Measures of Distorting Support in the Context of Production Quotas

Author

Listed:
  • Guyomard, Herve
  • Mahe, Louis-Pascal

Abstract

This paper provides a general framework for measuring farm support when both price and quantity policy instruments are used jointly. It is based on duality theory in production, i.e., on profit functions corresponding to different (dis-)equilibrium situations. Total Support is decomposed into a Neutral component and a Distorting part related to shadow prices of fixed quantities. An application to the reduction in support to the EC farm sector from 1986 to 1988 suggests that the EC could claim an extra 4.4 billion ECU of "credit" if the Distorting concept had been used in the GATT. Limitations of quota as second-best policies are pointed out. Copyright 1994 by Oxford University Press.

Suggested Citation

  • Guyomard, Herve & Mahe, Louis-Pascal, 1994. "Measures of Distorting Support in the Context of Production Quotas," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 21(1), pages 5-30.
    • Handle: RePEc:oup:erevae:v:21:y:1994:i:1:p:5-30
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Philippe Boyer, 1997. "Evaluation of costs and benefits of agricultural policies. Focuns about economic approaches [L’ÉVALUATION DES COÛTS ET AVANTAGES DES POLITIQUES AGRICOLES Le point sur quelques approches économiques," Post-Print hal-02966428, HAL.
    2. Maurice Doyon, 2002. "Analyse critique du concept d'ESP, estimation du soutien au producteur. Application au secteur laitier," Économie rurale, Programme National Persée, vol. 272(1), pages 74-87.
    3. Semos, Anastasios V., 2001. "Estimation of Producer's Assistance and Evaluation of Agricultural Policy for Olive Oil in Greece," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 2(2), pages 1-12, August.
    4. Sckokai, Paolo, 2001. "The Common Agricultural Policy In Econometric Models," Working Papers 14800, National Institute of Agricultural Economics, Italy - INEA, Osservatorio Sulle Politiche Agricole dell'UE.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:21:y:1994:i:1:p:5-30. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.