Distorted markets are characterized quite often for the formation of “parallel markets”, that is for one diffused presence of a typical “submerged economy”. The same happens in the markets distorted from the public intervention. This is the situation that comes out from the Italian milk quotas system, as a consequence of the EU decisions. A some kind of “submerged economy existence” has been carried out, indirectly, in Italy, by the specific government Commissions’ control actions.
Related to this subject, the present paper offers an economic analysis of the “submerged economy” possible presence connected with the Italian cow’s milk production and takes into consideration the relevance of this matter from a scientific point of view.
