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Price Control Programs, 1917-71: Origins, Techniques, Effects on Food Prices

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  • Rogers, George B.

Abstract

Inflationary forces leading to the imposition of price controls by the Government in four periods since 1914 are outlined. Basic concepts about price controls are discussed, and pricing standards and pricing techniques are described. Price movements before, during, and after World War I, World War II, the Korean Conflict, and the current Vietnam-related program are analyzed. Control of marketing margins on foods seems to have been successful in the three earlier experiences with price controls.

Suggested Citation

  • Rogers, George B., 1972. "Price Control Programs, 1917-71: Origins, Techniques, Effects on Food Prices," Agricultural Economic Reports 307468, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307468
    DOI: 10.22004/ag.econ.307468
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    References listed on IDEAS

    as
    1. F. W. Taussig, 1919. "Price-Fixing as seen by a Price-Fixer," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 33(2), pages 205-241.
    2. J. K. Galbraith, 1946. "Reflections on Price Control," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 60(4), pages 475-489.
    3. Allen B. Paul, 1958. "Food Price Controls Reconsidered," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(1), pages 30-46.
    4. Don Paarlberg, 1951. "Production and Distribution Problems under Direct Price Controls," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 33(4_Part_2), pages 676-684.
    5. George L. Mehren, 1952. "Direct Price Control in Food and Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 34(5), pages 698-710.
    6. Hans Kirchberger, 1942. "An Ancient Experience with Price Control," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(3), pages 621-636.
    7. S. A. Segal & A. C. Hoffman, 1943. "Food Price Control—Policy and Mechanics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(1), pages 19-33.
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    Cited by:

    1. Manchester, Alden C., 1990. "Data for Food Demand Analysis: Availability, Characteristics, Options," Agricultural Economic Reports 308074, United States Department of Agriculture, Economic Research Service.
    2. Lanier, Eleanor B., 1974. "Economics of Agriculture: Reports and Publications Issued or Sponsored by USDA's Economic Research Service, July 1971-June 1972," Miscellaneous Publications 321804, United States Department of Agriculture, Economic Research Service.

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