Impacts of Trade Liberalization on the U.S. Dairy Market
By Tingjun Peng and Tom Cox. ERS project representative: Don P. Blayney
Contractor and Cooperator Report No. (CCR-21) 21 pp,
August 2006
The economic effects of trade liberalization in world dairy markets are assessed using a world dairy model developed at the University of Wisconsin-Madison. The effects on U.S. farm milk prices and production, producer and consumer surpluses, and U.S. Government revenues and program expenditures are determined. The empirical analysis suggests generally modest price and production impacts on U.S. milk producers when multilateral trade liberalization is assumed.
This report was prepared by the University of Wisconsin-Madison
under a cooperative agreement with the Economic Research Service.
The views expressed are those of the authors and not necessarily
those of ERS or USDA.
Keywords: Dairy, milk and dairy products, international, trade policy, multilateral trade liberalization, ERS, USDA
In this report ... Chapters are
in Adobe Acrobat PDF format.
Updated date: August 22, 2006
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