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An Overview of NEMPIS: National Economic Milk Policy Impact Simulator

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  • Kaiser, Harry M.

Abstract

The purpose of this paper is to document and describe a computer program which simulates the impact of alternative dairy policies and technologies on important dairy market variables such as farm and retail prices and quantities. Several policy and technology scenarios are simulated to illustrate the output of the program. The model, which is called the National Economic Milk Policy Impact Simulator (NEMPIS), is general in specifications of the duration of the simulation period, policy instruments, and technological choices. The computer software is available to anyone, provided that they send the author an IBM compatible formatted floppy disk. The model should be of interest to economists, policy makers, and dairy scientists interested in analyzing farm and retail market impacts due to federal policies and/or alternative technologies

Suggested Citation

  • Kaiser, Harry M., 1992. "An Overview of NEMPIS: National Economic Milk Policy Impact Simulator," Staff Papers 121350, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudasp:121350
    DOI: 10.22004/ag.econ.121350
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    References listed on IDEAS

    as
    1. Jean-Paul Chavas & Richard M. Klemme, 1986. "Aggregate Milk Supply Response and Investment Behavior on U.S. Dairy Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 55-66.
    2. Liu, Donald J. & Kaiser, Harry M. & Forker, Olan D. & Mount, Timothy D., 1990. "An Economic Analysis Of The U.S. Generic Dairy Advertising Program Using An Industry Model," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 19(01), pages 1-12, April.
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