Allais Measure of Production Sector Waste Due to Quotas, An
Lilyan E. Fulginiti, Richard K. Perrin
January 1996 [96-WP 146]
Suggested citation:
Fulginiti, L.E. and R. Perrin. 1996. "Allais Measure of Production Sector Waste Due to Quotas, An." Working paper 96-WP 146. Center for Agricultural and Rural Development, Iowa State University.
Abstract
Agricultural production quotas are policy instruments that many countries have adopted as a means of transferring income from consumers to producers. Here the partial equilibrium approach of Allais and Diewert is adapted to measure the efficiency loss in the production sector due to quotas. Published in American Journal of Agricultural Economics 77(November 1995):865-74. 1995.