Price uncertainty under EC milk quotas
研究了欧盟牛奶配额制度中B方案下超级征税安排带来的价格不确定性,指出生产者可能理性超配额生产,导致总供给周期性波动,影响资源配置效率和乳业政策。
<sec> The current arrangements for applying the super levy under the Formula B option introduce a new element of price uncertainty into milk production decisions. In these circumstances it may be rational for individual producers to exceed their quota. Cyclical fluctuations in aggregate supply could develop, with implications for the efficiency of resource allocation and current dairy policy. </sec>