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Buy-out schemes are supply control measures, in which participation is usually voluntary, under which producers receive compensatory payments for reducing output or productive capacity by a specified amount for a given period.

Source Publication:
Agricultural Policies in OECD Countries: Monitoring and Evaluation 2000: Glossary of Agricultural Policy Terms, OECD.

Cross References:
Supply control

Statistical Theme: Agriculture and fisheries statistics - Agricultural policy indicators

Created on Tuesday, September 25, 2001

Last updated on Monday, November 26, 2001