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Goals and Results of Federal Milk Regulation: A Reevaluation

Published online by Cambridge University Press:  10 May 2017

Robert T. Masson  and
Philip Eisenstat
Robert T. Masson
Affiliation:
Department of Economics, Cornell University United States, Department of Justice
Philip Eisenstat
Affiliation:
United States, Department of Justice
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Extract

Federal regulation of various commodities is under attack bycritics who take the position that regulation no longer achieves public interest goals. The critics have been more successful in the realm of changing degrees of control by reducing or refocusing regulation than they have been in eliminating regulation. In this paper we take the position that reduction of regulation in the dairy industry would be socially beneficial and consistent with the original goals of the regulation. The policy variable we consider is the amount by which the regulated price for milk for fluid uses is elevated above that for manufacturing (cheese, etc.) uses.

Type
Marketing Alternatives for Agriculture – Is There a Better Way?
Information
Journal of the Northeastern Agricultural Economics Council , Volume 6 , Issue 2 , October 1977 , pp. 193 - 214
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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Footnotes

*

Nothing herein is meant to represent or should be construed as representing official opinion or policy of any agency of the United States government.

References

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