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Farm Price Controls-Help or Hindrance?

Published online by Cambridge University Press:  10 May 2017

George B. Rogers*
Affiliation:
U.S. Department of Agriculture, Washington, D.C.
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Extract

The accelerated rise in food prices - especially those on those of animal origin - from late 1972 to the present time, has thrust to the forefront the question of farm price controls. But opinions differ widely on whether direct price controls at the farm level would be successful, desirable, or practical to administer. In the present situation, the question also involves the issue of whether or not price controls at the farm level are necessary or justified by the present or prospective circumstances. This is especially relevant if the upward movement of key farm prices is likely to be of relatively short duration, and the rise in prices consumers pay for foods can be halted by other means.

Type
Research Article
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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References

(1) Rogers, George B. Price Control Programs, 1917–71: Origin, Techniques, Effects on Food Prices. U.S. Dept. of Agric. Econ. Res. Serv., Agr. Econ. Rpt. No. 223. April 1972.Google Scholar
(2) U.S. Dept. Agric., Off. of Communication. What's Happened to Food Prices? April 1973.Google Scholar
(3) U.S. Dept. Labor. Consumer's Prices in the United States, 1942–48. Bur. Labor Statis. Bul. No. 966. Dec. 1949.Google Scholar