Efficiency losses in milk marketing boards : the importance of exports

dc.contributor.author	Brunstad, Rolf Jens
dc.contributor.author	Gaasland, Ivar
dc.contributor.author	Vårdal, Erling
dc.date.accessioned	2006-07-12T07:33:44Z
dc.date.available	2006-07-12T07:33:44Z
dc.date.issued	2006-02
dc.identifier.issn	0804-6824
dc.identifier.uri	http://hdl.handle.net/11250/162740
dc.description.abstract	A milk marketing board (MMB) is a well known instrument for regulating the markets for dairy products. MMBs are based on price discrimination, and receipts from sales are pooled so that the farmers receive a single price adjusted for composition and quality. Using a numerical model, we find that the economic welfare cost of the Norwegian MMB, is as much as 26.3% of the milk production value. This computed cost is far larger than for the other countries with MMBs. The main reasons are that exports are a major ingredient of the Norwegian system, and that production costs are very high.	en
dc.format.extent	111202 bytes
dc.format.mimetype	application/pdf
dc.language.iso	eng	en
dc.publisher	Norwegian School of Economics and Business Administration. Department of Economics	en
dc.relation.ispartofseries	Discussion paper	en
dc.relation.ispartofseries	2006:8	en
dc.subject	milk marketing boards	en
dc.subject	Norwegian diary policy	en
dc.subject	price discrimination	en
dc.subject	deregulation	en
dc.subject	numerical model	en
dc.title	Efficiency losses in milk marketing boards : the importance of exports	en
dc.type	Working paper	en