Abstract
AbstractRecent events have sparked a debate over the effects of increased dairy imports on the U.S. dairy industry. This study attempts to estimate these impacts via an econometric model of the U.S. dairy sector. The time paths of adjustment of consumption, production, and price of specific dairy products and raw milk are estimated under three alternative levels of manufactured milk product imports. The analysis suggests that much larger than historically “normal” import levels are required to bring about a substantial impact upon the dairy industry in the longer run.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
