Effects of government programs to raise milk prices: Academic economists and public policy

Daniel Sumner

Agribusiness, 2005, vol. 21, issue 4, 473-476

Abstract: The Northeast Dairy Compact benefited milk suppliers (and allied input suppliers) and harmed those on the fluid milk demand side in the Compact region, while having opposite impacts on these groups outside the Compact region. These simulation results leave many questions unanswered, but seem relatively robust. Simulations require many assumptions, but so do all other approaches to policy analysis. The specific policy question addressed and available data determine the most promising approach. In some cases, as with the evaluating effects of the Compact, a variety of approaches to policy analysis are complementary. [EconLit citations: Q18, Q13, L10, L43]. © 2005 Wiley Periodicals, Inc. Agribusiness 21: 473-476, 2005.

Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1002/agr.20060 Link to full text; subscription required (text/html)

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: https://EconPapers.repec.org/RePEc:wly:agribz:v:21:y:2005:i:4:p:473-476

DOI: 10.1002/agr.20060

Access Statistics for this article

Agribusiness is currently edited by Ronald W. Cotterill

More articles in Agribusiness from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().