An Empirical Analysis of Economic Performance under the Marketing Order for Raisins
用动态计量模型比较加州葡萄干行业在产量控制与无控制情景下的价格、产量、利润等指标，发现控制计划可能有利于公共利益或至少无显著福利损失。
Abstract This study utilizes a dynamic econometric model of the California raisin industry to compare predictions of prices, production, profits, and related measures under the volume control program with predictions under several no‐control scenarios. The outcomes are evaluated in relation to performance criteria proposed by a USDA study team. The twenty‐two‐year comparisons suggest that the public interest may have been well served by the raisin volume control program, or at worst there was no significant welfare loss.