Premium
An Evaluation of California's Mandated Commodity Promotion Programs
Author(s) -
Alston Julian M.,
Crespi John M.,
Kaiser Harry M.,
Sexton Richard J.
Publication year - 2007
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1111/j.1467-9353.2006.00329.x
Subject(s) - commodity , promotion (chess) , business , economics , public economics , marketing , finance , political science , politics , law
This article provides an overview of mandated commodity programs in California, and summarizes and interprets existing evidence on their economic impacts. The analysis draws upon the recent book edited by the authors: The Economics of Commodity Promotion Programs: Lessons from California . New York: Peter Lang Publishing, April 2005. The book documents the institutional arrangements, summarizes the history of recent litigation, and presents the results of a number of benefit‐cost studies of mandated commodity programs in California. The overwhelming conclusion from the studies reported in the article is that the programs have been very profitable for California's agricultural producers.