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Please use this identifier to cite or link to this item: http://purl.umn.edu/43657

Title: A prospect of moving towards free milk quota market in Ireland – will milk quota movement follow efficiency?
Authors: Shrestha, Shailesh
Hennessy, Thia C.
Keywords: Milk quota trade
Irish quota market
Farm level model
Issue Date: 2008
Abstract: Quota trade in Ireland is ‘ring fenced’ to milk processors where farmers are not allowed to trade milk quota outside their designated milk processor. This ensures milk production staying within a region but has implications for the efficiency of milk production. In this paper, we simulated a free milk quota market in Ireland and compared the results with a milk quota exchange which was ring fenced to determine if the quota move from an inefficient region to a more efficient region. The results show that quota indeed follow efficiency of production when there is restriction over trade area.
URI: http://purl.umn.edu/43657
Institution/Association: European Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium
Total Pages: 7
Collections:2008 International Congress, August 26-29, 2008, Ghent, Belgium

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