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An Analysis Of U.S. Dairy Policy Deregulation Using An Imperfect Competition Model

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Author Info

  • Suzuki, Nobuhiro
  • Kaiser, Harry M.
  • Lenz, John E.
  • Forker, Olan D.

Abstract

An imperfect competition model of the U.S. milk market is developed for analyzing the impacts of dairy policy deregulation. Estimated degree-of-competition parameters indicate that the U.S. milk market has become more competitive over time. The usefulness of the model is demonstrated by showing the relative differences of dynamic simulation results of the imperfect competition model with the results of a conventional exogenous fluid differential model.

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Bibliographic Info

Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 23 (1994)
Issue (Month): 1 (April)
Pages:

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Handle: RePEc:ags:arerjl:31313

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Web page: http://www.narea.org/
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Related research

Keywords: Agricultural and Food Policy;

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Cited by:
  1. Abbassi, Abdessalem & Larue, Bruno, 2011. "Trade liberalization and inter-provincial dumping in a spatial equilibrium model: the case of the Canadian dairy industry," MPRA Paper 30363, University Library of Munich, Germany.
  2. Soregaroli, Claudio & Sckokai, Paolo & Moro, Daniele, 2011. "Agricultural policy modelling under imperfect competition," Journal of Policy Modeling, Elsevier, vol. 33(2), pages 195-212, March.

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