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Characteristics of Fluid Milk Expenditure Patterns in the Northeast Region

Published online by Cambridge University Press:  10 May 2017

Robert Raunikar  and
Chung-Liang Huang
Robert Raunikar
Affiliation:
Department of Agricultural Economics, University of Georgia College of Agriculture, Georgia Experiment Station, Experiment, Georgia 30212
Chung-Liang Huang
Affiliation:
Department of Agricultural Economics, University of Georgia College of Agriculture, Georgia Experiment Station, Experiment, Georgia 30212
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Abstract

Expenditure patterns for whole milk and lowfat milk in the Northeast region were examined by applying the Tobit maximum likelihood procedure to the 1977–78 USDA NFCS data.

Results suggest that differing expenditure patterns exist between whole milk and lowfat milk. Household income estimates indicate significant positive effects on expenditure for lowfat milk but negative on expenditure for whole milk. Whole milk expenditure was estimated to be strongly related to the family life cycle stages through the child-raising years.

Type
Articles
Information
Journal of the Northeastern Agricultural Economics Council , Volume 13 , Issue 1 , April 1984 , pp. 54 - 59
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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