PRICE LEVIES
Short name:
LV
Sometimes termed production taxes, which can be imposed on producers as part of market price support policy.
Examples:
- Levy imposed on EU milk producers when they exceed their production quotas.
- Levies charged on producers to finance some of the cost of export subsidization.
LV is an observed value, which is obtained from the information on budgetary expenditures.
Broader term:
Narrower term:
Partner: