© 1985 Oxford University Press and the Foundation for the European Review of Agricultural Economics
other |
An evaluation of the effects of the EC quota system on the Italian dairy market*
1University of Naples Italy
2Tuscis University Italy
Summary
The integration of Italy into the EC led to a spectacular increase of milk imports during the seventies, in spite of the increase in domestic production. Using an econometric model of the Italian dairy sector, it is shown that, had quota been established in 1980, imports would have increased even more and, when combined with a price decrease, imports of cheese would also have increased, These effects are comparable to those of a price decrease (without quota)of 9%