EconPapers    
Economics at your fingertips  
 

REGIONAL ADJUSTMENT RESPONSE IN THE U.S. DAIRY SECTOR TO CHANGES IN MILK SUPPORT PRICE

Alfons Weersink and Wayne H. Howard

Western Journal of Agricultural Economics, 1990, vol. 15, issue 01

Abstract: Milk production supply response at the regional level for the U.S. dairy sector is estimated through the use of dynamic dual models. Adjustment rates and elasticity measures are presented, and then the estimated parameter coefficients are used to stimulate shifts in production resulting from price changes. A drop in milk price designed to realign market conditions is projected to be borne largely by the Corn Belt and, to a lesser extent, the western states.

Keywords: Agricultural and Food Policy; Livestock Production/Industries (search for similar items in EconPapers)
Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://purl.umn.edu/32496 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ags:wjagec:32496

Access Statistics for this article

More articles in Western Journal of Agricultural Economics from Western Agricultural Economics Association
Contact information at EDIRC.
Series data maintained by AgEcon Search ().

 
Page updated 2014-07-20
Handle: RePEc:ags:wjagec:32496