Download or read book In Defense of Monopoly written by Richard B. McKenzie and published by University of Michigan Press. This book was released on 2019-02-28 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.
Download or read book The Economics of World Wheat Markets written by John M. Antle and published by Oxford University Press, USA. This book was released on 1999 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed review of recent and likely future developments in worldwide wheat markets among major exporting and importing countries. Country specific issues are examined fr Russia and China, whose role in world wheat markets has changed rapidly over the last decade, and for major exporting countries, including the USA, European Union, Canada, Argentina and Australia. The effects of international trade agreements are examined. The book describes the kay economic issues as well as techniques used to analyse wheat commodity market behavior.
Download or read book The Canadian Wheat Board written by Andrew Schmitz and published by University of Regina Press. This book was released on 2000 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canadian Wheat Board is a monopoly seller of western Canadian wheat, durum, and barley for human consumption, and feed wheat for export. In this study, the authors first examine Canada's position in the world wheat & barley markets and the Board's role relative to multinational grain companies (MGCs). Chapter 3 presents the regulatory framework governing the Canadian grain industry. The single- desk selling concept of the Board is examined from a theoretical perspective in chapter 4. This chapter also describes the structure of the world wheat & barley trade in which MGCs play key roles. Recent changes in government policies in the US, the European Union, and Canada are discussed in chapter 5. Chapter 6 discusses state trading in grain, the World Trade Organization (WTO) attempts to discipline state trading enterprises, and the Board's impact on trade in the WTO context. Chapter 7 covers the numerous confrontations concerning Canada-US grain trade. Chapter 8 focuses on the debate over creation of a dual market for feed barley. Chapter 9 examines the Charter of Rights case brought against the Board by barley producers & organizations. The focus of chapter 10 is grain transportation, its regulatory framework, and the Board's roles in the grain transportation system. Chapter 11 examines the Board's economic performance. Chapter 12 discusses the marketing of flax and canola in order to better understand how the Board can achieve price premiums and eliminate inefficiencies when marketing grains. The Board's ability to introduce additional price & marketing flexibility is discussed in chapter 13, including the implications of providing the option for using futures markets. Chapter 14 explores the debate over dual marketing and its viability for western Canadian grain producers. The final chapter draws overall conclusions.
Download or read book U S Competitiveness in the World Wheat Market written by and published by . This book was released on 1987 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Food Security Diversification and Resource Management Refocusing the Role of Agriculture written by G.H. Peters and published by Routledge. This book was released on 2018-12-18 with total page 755 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1999, the book is the proceedings volume of the 23rd International Conference of Agricultural Economists, held in Sacramento, California, in August 1997. It continues the series of triennial IAAE conferences.
Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why Have Food Commodity Prices Risen Again written by Ronald Trostle and published by DIANE Publishing. This book was released on 2011 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between early June 2010 and February 2011, prices of food commodities increased sharply, surpassing the 2008 peaks that had spread anxiety among policymakers and low-income consumers around the world. Most of the long-term trends in agricultural production and consumption that contributed to the 2002-06 price increases and the 2007-08 price spike also contributed to the recent price surge. This report describes the factors that have contributed to the large and rapid increase in agricultural prices during the past year. It focuses particularly on food commodity prices¿which have risen 60 percent since June 2010. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.
Download or read book Agribusiness Applied Economics Report written by and published by . This book was released on 2004 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Framework for the Design and Implementation of Competition Law and Policy written by R. S. Khemani and published by World Bank Publications. This book was released on 1999 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A dynamic and competitive environment, underpinned by competition law policy, is an essential characteristic of successful market economies. To satisfy the growing demand for information on current approaches and practices in competition law policy, the project "Framework for the Design and Implementation of Competition Law-Policy" was initiated by the World Bank, with participation by OECD. This ensuing volume reflects the main issues that arise in design and implementation of competition law and policy in order to assist countries in developing an approach that suits their own needs and conditions. The views articulated in this publication suggest that the administration and enforcement of competition law policy should assign the greatest importance to fostering economic efficiency and consumer welfare.
Download or read book Wheat Trading Practices Competitive Conditions Between U S and Canadian Wheat Inv 332 429 written by and published by DIANE Publishing. This book was released on with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of Agricultural Trade Between the United States and Canada written by United States. Congress. House. Committee on Agriculture. Subcommittee on General Farm Commodities and published by . This book was released on 1996 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Industrial Organization And Trade In The Food Industries written by Ian Sheldon and published by CRC Press. This book was released on 2019-04-24 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the outcome of a conference on 'Empirical Studies of Industrial Organization and Trade in the Food Industries' in Indianapolis. The conference placed an emphasis on empirical applications of new methods linking industrial organization and trade theory for the U.S. food industries.
Download or read book Strategic Trade Interaction in the International Wheat Market written by Mary M. McNally and published by . This book was released on 1993 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Outlook written by and published by . This book was released on 1997-06 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Final Report written by Canada-United States Joint Commission on Grains and published by . This book was released on 1995 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Embargoes Surplus Disposal and U S Agriculture written by United States. Department of Agriculture. Economic Research Service and published by . This book was released on 1986 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt:
