000147224 001__ 147224 000147224 005__ 20250221175457.0 000147224 0247_ $$2doi$$a10.22004/ag.econ.147224 000147224 037__ $$a1489-2016-125876 000147224 037__ $$a1489-2016-126396 000147224 041__ $$aeng 000147224 245__ $$aExchangeable Coupon Gas Rationing 000147224 260__ $$c1974-07 000147224 269__ $$a1974-07 000147224 300__ $$a14 000147224 336__ $$aJournal Article 000147224 520__ $$aDuring the gas shortage in the winter of 1973-74, farmers were high on the priority list for gasoline allocations. Under the proposed exchangeable coupon gasoline rationing, this allocative machinery and priority system would be superseded by a coupon resale market. The exchangeable coupon resale market is examined from the perspective of a consuming household and of a producing iu;m. The conclusion is that the coupon resale market will ration gas among the same uses that a higher market price would-the difference being not one ofallocation ofgas among alternative uses, but one of redistribution of income. The amount of income to be redistributed is estimated in the neighborhood of $28 billion per year. 000147224 546__ $$aEnglish 000147224 650__ $$aConsumer/Household Economics 000147224 650__ $$aResource/Energy Economics and Policy 000147224 6531_ $$aEconomic theory 000147224 6531_ $$aIncome distribution 000147224 6531_ $$aGasoline 000147224 6531_ $$aRationing 000147224 700__ $$aEdwards, Clark 000147224 773__ $$q55$$o68$$tAgricultural Economics Research$$j26$$k3$$d1974 000147224 8564_ $$990f6f808-0456-4c4d-b785-503fb217ad95$$s715740$$uhttps://ageconsearch.umn.edu/record/147224/files/2Edwards_26_3.pdf 000147224 887__ $$ahttp://purl.umn.edu/147224 000147224 909CO $$ooai:ageconsearch.umn.edu:147224$$pGLOBAL_SET 000147224 912__ $$nSubmitted by Elizabeth Hilber (hilb0033@umn.edu) on 2013-04-08T16:59:22Z No. of bitstreams: 1 2Edwards_26_3.pdf: 715740 bytes, checksum: dfea657f399646ddbf815ffa36e97478 (MD5) 000147224 912__ $$nMade available in DSpace on 2013-04-08T16:59:24Z (GMT). No. of bitstreams: 1 2Edwards_26_3.pdf: 715740 bytes, checksum: dfea657f399646ddbf815ffa36e97478 (MD5) Previous issue date: 1974-07 000147224 913__ $$aLicense granted by Elizabeth Hilber (hilb0033@umn.edu) on 2013-04-08T16:57:00Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000147224 980__ $$a1491 000147224 982__ $$gUnited States Department of Agriculture>Economic Research Service>Agricultural Economics Research>Volume 26, Number 3, 1974