HOW DAIRY PRICE CHANGES INFLUENCE THE CONSUMERS' WELFARE

Kuo Huang and Don Blayney

No 22031, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The Hicksian compensating variation is used to evaluate the consumers' welfare effects of price changes because of some hypothesized removals of Federal dairy policies and programs. The results indicate that consumers would reduce dairy expenditures from about one to two billion dollars nationally.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 11
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:22031

DOI: 10.22004/ag.econ.22031

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