Milk Marketing Order Winners and Losers

Hayley Chouinard, David E. Davis (), Jeffrey Thomas LaFrance () and Jeffrey Perloff
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Hayley Chouinard: Washington State University

No 1006, Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley

Abstract: Do milk marketing orders affect various demographic groups differently? To answer this question, we use supermarket scanner data to estimate an incomplete demand system for dairy products. We use these estimates to simulate substitution among dairy products and the welfare impacts of price changes resulting from changes in milk marketing orders for various consumer groups. While we find little difference in own- and cross-price substitution elasticities of demand, the welfare effects of price changes vary substantially across demographic groups, with some losing and others winning from this government program.

Keywords: marketing orders; milk; milk pricing; price elasticity (search for similar items in EconPapers)
Date: Written
Note: oai:cdlib1:are_ucb-1098

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Related works:
Working Paper: Milk Marketing Order Winners and Losers (2006)
Working Paper: Milk Marketing Order Winners and Losers (2008)
Working Paper: Milk Marketing Order Winners and Losers (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:cdl:agrebk:1006

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