Economic Effects of U.S. Dairy Programs

Based on econometric analysis, this article estimates effects of terminating the milk order system and milk price support, singly and together, over the period 1966-90. Since 1980, milk orders have raised the national blend price by 1-2%; price support has raised the blend price to well above the ma...

Full description

Bibliographic Details
Main Authors: Peter G. Helmberger, Yu-Hui Chen
Format: Article
Language:English
Published: Western Agricultural Economics Association 1994-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30750