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Butter mountains and wine lakes

Reinhorn, L.J.

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Abstract

One consequence of the EU's common agricultural policy was surplus: “butter mountains” and “wine lakes.” This paper shows that it may be optimal for the government to stockpile agricultural products as part of an overall plan for income redistribution.

Citation

Reinhorn, L. (2007). Butter mountains and wine lakes. Economics Letters, 94(2), 197-201. https://doi.org/10.1016/j.econlet.2006.06.029

Journal Article Type Article
Publication Date Feb 1, 2007
Deposit Date Aug 26, 2008
Publicly Available Date Mar 29, 2024
Journal Economics Letters
Print ISSN 0165-1765
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 94
Issue 2
Pages 197-201
DOI https://doi.org/10.1016/j.econlet.2006.06.029
Keywords Price supports, Excess supply, Stockpiles, Optimal taxation.
Public URL https://durham-repository.worktribe.com/output/1547656

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