Structural Change and Policy Reform in the UK Dairy Sector
通过估计英国乳制品生产商的成本函数，模拟行业未来重组，分析价格下降和A/B配额制度的影响，发现尽管已有配额交易，行业仍有重组空间，且取消配额将增加牛奶供应。
Estimation of a cost function for a representative sample of UK dairy producers allows future re‐structuring of the industry to be simulated using a model which incorporates producers' differential costs and milk prices. Consideration is also given to reductions in producer prices and to the introduction of an A/B quota system. The results indicate that, despite the history of quota trading in the UK, there is considerable scope for further restructuring in the industry to take advantage of differential incentives between producers. It is also projected that UK milk supply would increase if quota restrictions were removed.