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The analysis of milk demand and milk supply and the evaluation of the price support program



The analysis of milk demand and milk supply and the evaluation of the price support program



Dissertation Abstracts International, A 39(9): p. 5636



This study examines the effects of the US Dairy Price Support Program on the allocation of resources and the distribution of income. Milk supply and demand are analyzed statistically and the Program is evaluated on the basis of the results. The milk demand model shows that relative retail milk price affects sales significantly and price elasticity is low.

Accession: 000766232

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