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The two-tariff milk scheme

, : The two-tariff milk scheme. J. agric. Econ, 14: 4, 540-51

A quota scheme is proposed in which payment for milk production is divided into 2 parts, a variable sum depending on the number of gallons produced and an additional sum as a premium on the basic gallonage or quota allocated to that producer, which will be a fixed amount except when production falls short of the basic gallonage. The main effects of this scheme on production and non-quota price, i.e. the price paid for production in excess of the basic gallonage, are discussed.


DOI: 10.1111/j.1477-9552.1961.tb02303.x

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