How Dairy Price Changes Influence The Consumers' Welfare
AbstractThe Hicksian compensating variation is used to evaluate the consumers' welfare effects of price changes because of some hypothesized removals of Federal dairy policies and programs. The results indicate that consumers would reduce dairy expenditures from about one to two billion dollars nationally.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 22031.
Date of creation: 2003
Date of revision:
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compensating variation; dairy demand elasticities; dairy policies and programs.; Demand and Price Analysis;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Huang, Kuo S., 1993. "A Complete System of U.S. Demand for Food," Technical Bulletins 157046, United States Department of Agriculture, Economic Research Service.
- Manchester, Alden C. & Blayney, Donald P., 2001. "Milk Pricing In The United States," Agricultural Information Bulletins 33612, United States Department of Agriculture, Economic Research Service.
- Huang, Kuo S., 1993. "Measuring The Effects Of U.S Meat Trade On Consumers' Welfare," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(01), July.
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