Support Prices as Policy Tools in Dairy Industry: Issues in Theoretical Modeling
开发了一个乳制品行业建模框架，强调多产品行业的复杂性，并应用于加拿大，分析其特定政策组合下的均衡条件。
A framework for modeling the dairy sector is developed, emphasizing the complexities unique to this Multiproduct industry. Equilibrium conditions among competitive and joint dairy products are specified subject to mass balancing requirements, stable economic relationship and appropriate policy parameters. The model is applied to Canada incorporating the country-specific dairy policy mix.