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Title: Supply Growth and Dairy Industry Deregulation
Authors: Ching-Cheng Chang;Spiro E. Stefanou
Contributors: 國立臺灣海洋大學:應用經濟研究所
Date: 1987
Issue Date: 2018-06-04T02:39:46Z
Publisher: Northeastern Journal of Agricultural and Resource Economics
Abstract: Abstract: Optimal control models of aggregate milk supply and demand behavior are used to describe the optimal phasing of the deregulatory dairy price support in the presence of supply growth. Producers are assumed to face costs of adjustment, and are myopic with respect to price expectations and the adoption of the new quasi-fixed factor augmenting technology.
Relation: 16(1) pp.1-9
Appears in Collections:[Institute of Applied Economics] Periodical Articles

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