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The Economics of a Regulated Dairy Market: An Empirical Analysis of Factors Determining the Value of Fluid Milk Quota
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Veeman, Michele M., Dong, Xizo-yuan
Based on the hypothesis that tradeable marketing quotas may be analysed as an economic input in the production process of regulated firms, the standard capital asset pricing model is adapted to assess the impact of expectations of quota rents on Ontario fluid milk quota values. The analysis...
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