Efficiency of Alternative Policies for the EC's Common Agricultural Policy
比较了欧盟共同农业政策四种改革方案（降价、共同责任税、生产控制、双价计划）在实现生产者福利目标上的效率，发现双价计划在较低收入目标下优于生产配额，而降价政策优于共同责任税但两者均不如配额或双价计划。
Abstract The Common Agricultural Policy (CAP) of the European Community (EC) is facing a crisis from budgetary and political pressures. This study analyzes the relative efficiency of four policy options discussed at the recent emergency summit in Brussels including a price reduction, coresponsibility levies, production controls, and a two‐price plan. These are assessed in terms of their efficiency in achieving producer welfare. A two‐price plan is superior to a production quota only at lower producer income goals. A price reduction policy is more efficacious than a coresponsibility levy, but both are shown to be inferior to either quotas or a two‐price plan.