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Budget constrained tax policy under price uncertainty: implications for supply control

Holloway, G. (1988) Budget constrained tax policy under price uncertainty: implications for supply control. American Journal of Agricultural Economics, 70 (5). p. 1193. ISSN 0002-9092

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To link to this item DOI: 10.1093/ajae/70.5.1185

Abstract/Summary

Tax policies that constrain net transfers between the farm sector and the fisc are modeled under price uncertainty. Increasing the level of tax on profits causes the firm to expand output. Implications are derived for supply control and the distributions of profits and net receipts at the fisc.

Item Type:Article
Refereed:Yes
Divisions:Faculty of Life Sciences > School of Agriculture, Policy and Development > Economic and Social Sciences Division > Food Economics and Marketing (FEM)
ID Code:30611
Publisher:Oxford University Press

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