Partial Market Liberalization and the Efficiency of Policy Reform: The Case of the European Dairy Sector
分析部分市场自由化在次优世界中的效率，以欧洲乳制品行业为例，用一般均衡模型找出哪些自由化方案反而降低效率。
Abstract This article analyzes the efficiency of partial market liberalization and policy reform with an application to the European dairy sector. In a second best world, partial moves toward market liberalization are not always efficiency improving. We develop a general equilibrium model to investigate the efficiency implications of discrete changes in government policy. The analysis covers price and quantity instruments used in both domestic and trade policy. We derive simple cnditions under which partial market liberalization is efficiency improving. We apply the approach to agricultural policy reform in the European dairy sector and identify market liberalization scenarios that are “not” efficiency improving.