If you are seeing this message, you may be experiencing temporary network problems. Please wait a few minutes and refresh the page. If the problem persists, you may wish to report it to your local Network Manager.
It is also possible that your web browser is not configured or not able to display style sheets. In this case, although the visual presentation will be degraded, the site should continue to be functional. We recommend using the latest version of Microsoft or Mozilla web browser to help minimise these problems.
Wiley InterScience | |||||||||||
  American Journal of Agricultural EconomicsVolume 89 Issue 4, Pages 839 - 851 Published Online: 22 May 2007 © 2009 Agricultural and Applied Economics Association
Abstract | References | Full Text: HTML, PDF (Size: 149K) | Related Articles | Citation Tracking 
Effects of Milk Marketing Order Regulation on the Share of Fluid-Grade Milk in the United States
The authors thank Julian Alston, the editor, Wally Thurman, and an anonymous referee for numerous constructive comments. Copyright 2007 American Agricultural Economics Association KEYWORDS error correction model • excess quality • price regulation • rent dissipation ABSTRACTThe share of raw milk meeting fluid quality (Grade A) standards in the United States rose steadily through the latter half of the twentieth century, but a shrinking portion of that was used in fluid products. Grade A milk exceeds the quality standards for the manufactured products for which it has been increasingly used. We present an econometric model that exploits regional and temporal variation in policy implementation to identify the effect of marketing orders on the Grade A share of milk. Results support the hypothesis that marketing orders significantly encouraged the growth in the Grade A share of milk. [Received December 2005; accepted November 2006.] | 
|
Become a new member!
| |||||||||
