Development and Measurement of Farm-to-Retail Price Linkage for Evaluating Dairy Advertising Effectiveness

A conceptual and empirical framework for estimating the effects of dairy advertising on farm prices and producer returns is developed The model consists of an industry-derived demand equation for milk linking advertising and government purchase. to farm price, and a government purchases equation linking advertising and support prices to government purchases The econometric model is a mixed continuous/ discrete system, estimated by the Amenyia Principle The two-equation system is estimated for both aggregated manufactured advertising and dlsaggregated manufactured advertising The results are consistent with theory and show Significant effects of advertising, particularly for fluid advertising


Issue Date:
1992
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/140089
Published in:
Journal of Agricultural Economics Research, Volume 44, Number 4
Total Pages:
10




 Record created 2017-04-01, last modified 2017-08-26

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