1961
DOI: 10.1111/j.1467-8489.1961.tb00281.x
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Dairy Policy for Australia

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“…Production distortions from home consumption pricing and other features of price stabilisation schemes were to become a major focus of criticism by agricultural economists from the 1950s onward, perhaps best exemplified by a joint submission made by a nation‐wide group of seven agricultural economists to the 1959/60 Dairy Industry Committee of Enquiry which critiqued that industry's then price equalisation arrangements (Candler et al ., 1960 12 ). However, this was initially undertaken largely by way of partial equilibrium criteria about individual industries within their institutional marketing arrangements with little consideration of economy‐wide inter‐sectoral consequences (see, e.g., Schapper, 1961, and Longworth, 1967). It was not until the 1980s that cost distribution and resource allocation issues were taken up again within an economy‐wide analytical framework.…”
Section: Who Bears the Costs Of Home Consumption Prices?mentioning
confidence: 99%
“…Production distortions from home consumption pricing and other features of price stabilisation schemes were to become a major focus of criticism by agricultural economists from the 1950s onward, perhaps best exemplified by a joint submission made by a nation‐wide group of seven agricultural economists to the 1959/60 Dairy Industry Committee of Enquiry which critiqued that industry's then price equalisation arrangements (Candler et al ., 1960 12 ). However, this was initially undertaken largely by way of partial equilibrium criteria about individual industries within their institutional marketing arrangements with little consideration of economy‐wide inter‐sectoral consequences (see, e.g., Schapper, 1961, and Longworth, 1967). It was not until the 1980s that cost distribution and resource allocation issues were taken up again within an economy‐wide analytical framework.…”
Section: Who Bears the Costs Of Home Consumption Prices?mentioning
confidence: 99%
“…It would seem apparent, that, given the opportunity, dairy farmers would actively seek access to city milk markets, rather than sell at the much lower, equalized, manufacturing price. Admittedly, there are greater costs associated with liquid milk marketing (especially in winter) 4 but 'there is evidence to suggest that these costs are covered to an excessive degree and that farmers who supply this market are in a privileged economic position'. [Schapper 4,p.…”
Section: Assessment Of the Reportmentioning
confidence: 99%