Agribusiness forum. The Canadian Wheat Board, Feed Barley Prices, and the R-Calf Petition for the Imposition of Countervailing Duties on Live Cattle from Canada. Editor's introduction
✍ Scribed by Ronald W. Cotterill
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 5 KB
- Volume
- 16
- Category
- Article
- ISSN
- 0742-4477
No coin nor oath required. For personal study only.
✦ Synopsis
responded to the Carter brief in a paper titled, "The Canadian Wheat Board and Feed Barley." Carter then had the final say in a brief titled, "The Canadian Wheat Board and Feed Barley: A Rebuttal." Individually, and as a group, these papers are outstanding examples of how economists reason, or perhaps we should say argue, economic issues before a judicial authority.
The papers present a pristine example of the theory of second best in policy analysis, and a very tractable analysis of the economics of marketing boards. Several research issues fall fairly easily from the Carter, Schmitz, and Gray exchange. Given the level of disagreement between these opposite positions on the performance of the Wheat Board, there is more than ample room and need for new research.
This Forum contains an introduction to the case that explains the role of economic analysis, and the final resolution of the case in favor of the defendant, the Canadian Wheat Board. It is written by Catherine Curtiss, legal counsel for the defendant. The economic analysis by Schmitz and Gray follows. Unfortunately, Professor Carter refused to allow us to include his two briefs in this Forum. They are available from him, from the editor of Agribusiness, and from the Department of Commerce as are all materials submitted by both sides in this countervailing duty case.