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The Impact Of The Northeast Dairy Compact: A Comparative Evaluation Of Two Studies

Author

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  • Ronald W. Cotterill

    (University of Connecticut)

  • Andrew W. Franklin

Abstract

This paper compares and evaluates two recent studies of the impact of the Northeast Dairy Compact. On May 2, 2001 we released “The Public Interest and Private Economic Power: A Case Study of the Northeast Dairy Compact.” A year earlier Professor Kenneth Bailey, Pennsylvania State University released “Report on the Operation and Performance of the Northeast Interstate Dairy Compact” (Bailey, 2000). This comparative evaluation of these two studies is part of our response (Cotterill and Franklin, 2001c) to a recent peer review of our study that Professor Bailey completed at the request of the Northeast Dairy Compact Commission. Bailey’s review is, at best, a confused and confusing analysis of our study. The public deserves a more lucid explanation and critique of work in this area. So that the debate on the merits of the Compact can proceed on a firmer scientific foundation, we have written this paper. We would add that the criticisms of Bailey (2000) also carry over to the Bailey (2001) paper. That paper also misuses the proportional markup model to obtain an estimate of the impact of the Dairy Compact that is flawed and not credible.

Suggested Citation

  • Ronald W. Cotterill & Andrew W. Franklin, 2001. "The Impact Of The Northeast Dairy Compact: A Comparative Evaluation Of Two Studies," Issue Papers 23, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    • Handle: RePEc:zwi:ipaper:23
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    File URL: http://www.zwickcenter.uconn.edu/documents/issuepapers/ip23.pdf
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    References listed on IDEAS

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    1. Ronald W. Cotterill, 2001. "Neoclassical explanations of vertical organization and performance of food Industries," Agribusiness, John Wiley & Sons, Ltd., vol. 17(1), pages 33-57.
    2. Lass, Daniel A. & Adanu, Mawunyo & Allen, P. Geoffrey, 2001. "Impacts of the Northeast Dairy Compact on New England Retail Prices," Agricultural and Resource Economics Review, Cambridge University Press, vol. 30(1), pages 83-92, April.
    3. Azzeddine M. Azzam, 1999. "Asymmetry and Rigidity in Farm-Retail Price Transmission," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(3), pages 525-533.
    4. Ronald W. Cotterill & Michael F. Brundage, 2001. "Competition, or the Lack Thereof in Local Fluid Milk Markets: San Francisco, Seattle, Chicago, Miami and Dallas-Forth Worth," Issue Papers 21, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    5. Cotterill, Ronald & Brundage, Michael, 2001. "Competition, or the Lack Thereof in Local Fluid Milk Markets: San Francisco, Seattle, Chicago, Miami and Dallas-Forth Worth," Issue Papers 169377, University of Connecticut, Food Marketing Policy Center.
    6. A. M. Azzam, 1992. "Testing The Competitiveness Of Food Price Spreads," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(2), pages 248-256, May.
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    Cited by:

    1. Cotterill, Ronald, 2002. "A Northeast Dairy Compact Post Mortem," Issue Papers 169385, University of Connecticut, Food Marketing Policy Center.
    2. Ronald W. Cotterill, 2002. "A Northeast Dairy Compact Post Mortem," Issue Papers 28, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    3. Cotterill, Ronald, 2001. "Testimony on the Impact of the Northeast Dairy Compact and Market Channel Pricing Strategies on the Performance of the New England Dairy Industry," Issue Papers 169381, University of Connecticut, Food Marketing Policy Center.

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