Table of Contents
An Objective View of the Northeast or New England
Dairy Compact and Its Effect on Other Markets
My Points
Part I
Why I Did This Study?
Interstate Compacts Authorized Under the Compact
Clause
Dairy Compacts
Benefits of Multi-regional Compacts
Problems with Multi-regional Dairy Compacts
Northeast Interstate Dairy Compact
Method of Analysis
Dairy Industry Model
PPT Slide
Model--continued
Baseline
Critical Assumptions to Consider
Model Assumptions
Model Scenarios
Model Results for Dairy Compact Regions
Model Results for Non-Compact Regions
Study Critics:
Academic Journal Article
Study Conclusions
Warning: Results are Conditioned on Many Assumptions
Part II
Why I Did the Study
Northeast Dairy Compact
Example Calculation of the NE Compact, December
1999
Compact Over-order Obligations in New England
Methodology—Simple!!
How I Computed Impact of Compact
Average Results over Compact Period Jul 97 – Dec
99
Economic Impact of the NE Compact
Economic Impact of the New England Compact--continued
Boston Retail vs. Compact Price, $/gal.
My Conclusions of the Northeast Study
Could the High Price of Milk Be a Result of Market
Mergers?
Why Do People Really Hate Compacts?
Conclusions |
Author: Ken Bailey
Email: bthomas@agecon.uga.edu
Home Page: http://www.ces.uga.edu/Agriculture/agecon/workshops/sdcmain.htm
PowerPoint
Presentation |