IDEAS home Printed from https://ideas.repec.org/a/cup/agrerw/v30y2001i01p93-103_00.html
   My bibliography  Save this article

Impacts of the Northeast Interstate Dairy Compact on New England Milk Supply

Author

Listed:
  • Nicholson, Charles F.
  • Resosudarmo, Budy
  • Wackernagel, Rick

Abstract

A two-equation random coefficients model and two estimates of milk prices in the absence of the Northeast Interstate Dairy Compact (Compact) are used to estimate the impact of minimum price regulation for fluid milk products on milk production in the New England states. Estimated responses to price enhancement differed by state for cow numbers, but parameters for milk per cow were not significantly different among states. The amount of increase in milk production attributed to the Compact is estimated at 45 million pounds (about 1% of production) during the first year of minimum price regulation, primarily due to increased milk per cow.

Suggested Citation

  • Nicholson, Charles F. & Resosudarmo, Budy & Wackernagel, Rick, 2001. "Impacts of the Northeast Interstate Dairy Compact on New England Milk Supply," Agricultural and Resource Economics Review, Cambridge University Press, vol. 30(1), pages 93-103, April.
    • Handle: RePEc:cup:agrerw:v:30:y:2001:i:01:p:93-103_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1068280500000587/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Kaiser, Harry M., 1994. "An Analysis Of Policy Alternatives To The Dairy Price Support Program," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 23(2), pages 1-13, October.
    2. Kaiser, Harry M., 1993. "An Analysis of Alternatives to the Dairy Price Support Program," Research Bulletins 123016, Cornell University, Department of Applied Economics and Management.
    3. Jean-Paul Chavas & Alan Francis Kraus & Edward V. Jesse, 1990. "A Regional Analysis of Milk Supply Response in the United States," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 12(2), pages 149-164.
    4. Chin-Hwa Sun & Harry M. Kaiser & Olan D. Forker, 1995. "Analysis of Seasonal Milk Price Incentive Plans," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(3), pages 383-393.
    5. Bruce L. Dixon & Calvin R. Berry & Dwi Susanto, 1991. "Supply Impact of the Milk Diversion and Dairy Termination Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 633-640.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Joseph V. Balagtas & Daniel A. Sumner, 2003. "The Effect of the Northeast Dairy Compact on Producers and Consumers, with Implications of Compact Contagion," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(1), pages 123-144.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Russell L. Lamb, 2002. "A Market-Forces Policy for the New Farm Economy?," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 15-30.
    2. Carlos Arias & Thomas Cox, 2001. "Estimation of a US dairy sector model by maximum simulated likelihood," Applied Economics, Taylor & Francis Journals, vol. 33(9), pages 1201-1211.
    3. Bolotova, Yuliya, 2014. "Agricultural Supply Management and Antitrust in the United States System of Agribusiness," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 17(3), pages 1-24, September.
    4. Townsend, Owen & Mark, Tyler & Burdine, Kenneth, 2017. "Diversions and the Role they play in Determining Order 7 Milk Price," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252761, Southern Agricultural Economics Association.
    5. Tauer, Loren W., 1993. "Segmenting the Milk Market into bST-Produced and Non-bST-Produced Milk," Staff Papers 121326, Cornell University, Department of Applied Economics and Management.
    6. Arias, Carlos & Cox, Thomas L., 1998. "Estimation Of A U.S. Dairy Sector Model By Maximum Simulated Likelihood," Staff Papers 12617, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    7. Bruce Gardner, 2008. "Distortions to Agricultural Incentives in the United States and Canada," World Bank Publications - Reports 28185, The World Bank Group.
    8. Paul Smyth & Laurence Harte & Thia Hennessy, 2010. "Seasonality and Costs of Production on Irish dairy farms from 1994-2008," Working Papers 1001, Rural Economy and Development Programme,Teagasc.
    9. Peterson, Hikaru Hanawa & Tomek, William G., 2000. "Implications Of Deflating Commodity Prices For Time-Series Analysis," 2000 Conference, April 17-18 2000, Chicago, Illinois 18944, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    10. Kaiser, Harry M., 1993. "An Analysis of Alternatives to the Dairy Price Support Program," Research Bulletins 123016, Cornell University, Department of Applied Economics and Management.
    11. Paudel, Krishna P. & Gauthier, Wayne M. & Hall, Larry M. & Westra, John V., 2006. "Willingness to Participate in Dairy Programs to Reduce Manure Related Problems in Louisiana's Major Dairy Production Region," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35259, Southern Agricultural Economics Association.
    12. Bozic, Marin & Gould, Brian W., 2009. "The Dynamics of the U.S. Milk Supply: Implications for Changes in U.S. Dairy Policy," Staff Papers 53818, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    13. Byung Min Soon & Jarrett Whistance, 2019. "Seasonal Soybean Price Transmission between the U.S. and Brazil Using the Seasonal Regime-Dependent Vector Error Correction Model," Sustainability, MDPI, vol. 11(19), pages 1-9, September.
    14. Marin Bozic & Brian W. Gould, 2009. "Has Price Responsiveness of U.S. Milk Supply Decreased?," Working Papers 0902, The Institute of Economics, Zagreb.
    15. Neibergs, J. Shannon & Thalheimer, Richard, 1999. "An Economic Analysis Of The Effectiveness Of Thoroughbred Breeder/Owner Incentive Policies," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(3), pages 1-12, December.
    16. Chung, Chanjin & Kaiser, Harry M., 2000. "Do Farmers Get An Equal Bang For Their Buck From Generic Advertising Programs? A Theroetical And Empirical Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(01), pages 1-12, July.
    17. D’Antoni, Jeremy M. & Mishra, Ashok K. & Blayney, Donald, 2013. "Assessing participation in the Milk Income Loss Contract program and its impact on milk production," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 243-254.
    18. Bolotova, Yuliya, 2020. "The Price Effects of Milk Supply Control in the U.S. Dairy Industry," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304209, Agricultural and Applied Economics Association.
    19. Benson, Geoffrey A., 1992. "North Carolina Dairy Termination Program Participants' Plans," Archive 259721, North Carolina State University, Department of Agricultural and Resource Economics.
    20. Nubern, Chris A. & Purcell, Wayne D., 1997. "Competitiveness of Dairy Producers in a Deregulated Market," Staff Papers 232553, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:agrerw:v:30:y:2001:i:01:p:93-103_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/age .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.