Author: Liang Song
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
Book Description
This study examines the effectiveness of U.S. dairy export promotion programs on increasing foreign demand and enhancing producers' revenues. The analysis is based on two econometric models. An import demand equation based on panel data is derived to measure the responsiveness of U.S. dairy import demand in various countries to dairy export promotion. The Armington model is adopted to analyze both the short-run and long-run promotion effects on the market share. Then, the import demand model is used to simulate several in-sample scenarios involving alternative funding levels for export promotion to calculate average and marginal benefit-cost ratios for the programs. The results of this study indicate that the market development programs have increased the demand for U.S. dairy products in the foreign markets over the years, and they have generated an impressive positive return to producers for each dollar spent on promotion. It appears that market development programs were underfunded from a producer-welfare perspective unless the marginal rate of return on alternative uses of promotion was high.
The Effectiveness of Market Development Programs for U.S. Dairy Products
Author: Liang Song
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
Book Description
This study examines the effectiveness of U.S. dairy export promotion programs on increasing foreign demand and enhancing producers' revenues. The analysis is based on two econometric models. An import demand equation based on panel data is derived to measure the responsiveness of U.S. dairy import demand in various countries to dairy export promotion. The Armington model is adopted to analyze both the short-run and long-run promotion effects on the market share. Then, the import demand model is used to simulate several in-sample scenarios involving alternative funding levels for export promotion to calculate average and marginal benefit-cost ratios for the programs. The results of this study indicate that the market development programs have increased the demand for U.S. dairy products in the foreign markets over the years, and they have generated an impressive positive return to producers for each dollar spent on promotion. It appears that market development programs were underfunded from a producer-welfare perspective unless the marginal rate of return on alternative uses of promotion was high.
Publisher:
ISBN:
Category :
Languages : en
Pages : 56
Book Description
This study examines the effectiveness of U.S. dairy export promotion programs on increasing foreign demand and enhancing producers' revenues. The analysis is based on two econometric models. An import demand equation based on panel data is derived to measure the responsiveness of U.S. dairy import demand in various countries to dairy export promotion. The Armington model is adopted to analyze both the short-run and long-run promotion effects on the market share. Then, the import demand model is used to simulate several in-sample scenarios involving alternative funding levels for export promotion to calculate average and marginal benefit-cost ratios for the programs. The results of this study indicate that the market development programs have increased the demand for U.S. dairy products in the foreign markets over the years, and they have generated an impressive positive return to producers for each dollar spent on promotion. It appears that market development programs were underfunded from a producer-welfare perspective unless the marginal rate of return on alternative uses of promotion was high.
Proceedings of ... National Symposium on Dairy Market Development
Author: National Symposium on Dairy Market Development
Publisher:
ISBN:
Category : Dairy products
Languages : en
Pages : 100
Book Description
Publisher:
ISBN:
Category : Dairy products
Languages : en
Pages : 100
Book Description
Status and Prospects for Trade in Livestock, Dairy, and Poultry Products Between the United States and East Asia
Author: United States. Congress. House. Committee on Agriculture. Subcommittee on Livestock, Dairy, and Poultry
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 80
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 80
Book Description
Base Plans in U.S. Milk Markets
Author: Richard F. Fallert
Publisher:
ISBN:
Category : Milk trade
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Milk trade
Languages : en
Pages : 44
Book Description
Effect on Dairy Trade of the Self-help Proposal
Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
Book Description
Dairy Industry
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Dairy products
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Dairy products
Languages : en
Pages : 72
Book Description
US Programs Affecting Food and Agricultural Marketing
Author: Walter J. Armbruster
Publisher: Springer Science & Business Media
ISBN: 1461449308
Category : Business & Economics
Languages : en
Pages : 541
Book Description
This book discusses the increased scope, complexity and globalization of markets, the changes in technology behind this, and the need for policy and program adjustments. Also discusses the development of supply chains both domestically and globally.
Publisher: Springer Science & Business Media
ISBN: 1461449308
Category : Business & Economics
Languages : en
Pages : 541
Book Description
This book discusses the increased scope, complexity and globalization of markets, the changes in technology behind this, and the need for policy and program adjustments. Also discusses the development of supply chains both domestically and globally.
Prospects for Foreign Trade in Dairy Cattle, Dairy Products, Poultry Products
Author: United States. Foreign Agricultural Service
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
Book Description
Review of the Dairy Price Support Program
Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on Agricultural Production, Marketing, and Stabilization of Prices
Publisher:
ISBN:
Category : Agricultural price supports
Languages : en
Pages : 344
Book Description
Publisher:
ISBN:
Category : Agricultural price supports
Languages : en
Pages : 344
Book Description
The Efficiency of Federal Programs Serving Rural Areas
Author: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on Rural Development, Oversight, and Investigations
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 736
Book Description
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 736
Book Description