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Evaluating Generic Dairy Advertising impacts on Retail, Wholesale, and Farm Milk Markets

Author

Listed:
  • Kaiser, Harry M.
  • Forker, Olan D.
  • Lenz, John E.
  • Sun, Chin-Hwa

Abstract

This article develops a dynamic econometric model of the national dairy industry to simulate the Impacts of generic advertising on the demand for milk and dairy products, farm and consumer prices, and producer welfare Two advertising scenarios are analyzed (1) a historic scenario, and (2) a pre-National Dairy Promotion and Research Board (NDPRB) scenario, where generic advertising expenditures are held constant at their quarterly level. during the year prior to the NDPRB's inception The results indicate that the program has been effective In raising farm prices, Increasing dairy product demand, and reducing cheese and butter purchases by the Government

Suggested Citation

  • Kaiser, Harry M. & Forker, Olan D. & Lenz, John E. & Sun, Chin-Hwa, 1992. "Evaluating Generic Dairy Advertising impacts on Retail, Wholesale, and Farm Milk Markets," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 44(4), pages 1-15.
    • Handle: RePEc:ags:uersja:140085
    DOI: 10.22004/ag.econ.140085
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    Cited by:

    1. Pritchett, James G. & Liu, Donald J. & Kaiser, Harry M., 1998. "Optimal Choice Of Generic Milk Advertising Expenditures By Media Outlet," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(1), pages 1-15, July.
    2. Zhang, Mingxia & Sexton, Richard J., 2000. "Optimal Commodity Promotion In Imperfectly Competitive Markets," 2000 Annual meeting, July 30-August 2, Tampa, FL 21823, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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