The Federal Hop Marketing Order and Volume-Control Behavior

Author

j Folwell, Ron Mittelhammer (mittelha@wsu.edu), F.L. Hoff and P.K. Hennessy

Agricultural Economics Research, 1985, issue 4

Abstract: The Hop Administrative Committee of the hop marketing order has been reasonably accurate m projecting quantities supplied and demanded and in formulating their recommended salable percentage to the Secretary of Agriculture The Federal Hop Marketing Order has helped stabilize hop acreages and nominal hop prices and has reduced cyclical variation In production Acreage and production stabilization may indicate a more stable decision environment leading to a more efficient resource allocation

Keywords: Marketing order; volume control; spectral analysis; bootstrapping; hops; Agricultural and Food Policy; Institutional and Behavioral Economics; Marketing (search for similar items in EconPapers)
Date: 1985
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