The most common and durable source of factions has been the various and unequal
distribution of property.... A landed interest, with many lesser interests, grow up of necessity …

A dual model is used to examine the dynamic structure of the US dairy industry. Properties
implied by the theory of the competitive firm and independent adjustment of two quasi‐fixed …

The US dairy sector has experienced several reforms in both government price support and
classified pricing under state and federal milk marketing orders. An interregional spatial …

In this paper, distribution and welfare effects of changes in block price systems are
evaluated. A method is discussed to determine, for a Marshallian demand function …

The abolition of the EU milk quota system since 2015 has allowed the dairy sector to fully
react to market forces. This change should be properly reflected within the tools that support …

Determining the impacts on consumers of governmental policies that affect the demand for
food products requires a theoretically consistent micro‐level demand model. We estimate a …

Abstract Changes in the supply curve caused by technological improvements in production
or changes in national policy may or may not benefit producers as a whole, depending on …

The objective of this paper is to investigate finished-goods inventory in the US automobile
industry using an econometric method known as the variable mean response (VMR) …

The existence of costly dairy surpluses has led some policy makers to argue in favor of
mandatory supply controls as an alternative to existing dairy policy. A dynamic econometric …

The US dairy sector is characterized by increasing volatility of milk prices, and consolidation
in production as evidenced by declining number of dairy farms with an increasingly larger …