One of the redeeming virtues of the study of economics is that it enables its practitioners to discuss subjects about which they know very little. This paper represents a case in point. The premise of the paper rests on the presumption that aquaculture provides an additional source of aquatic...

Dairy product markets have been burdened with excess supplies since late 1979. The principal cause of these surpluses is overly high government price supports. This situation can be traced to a series of policy decisions made in the mid-1970s. The evolution of dairy policy during the last 10...

Participation in the 1984-85 Milk Diversion Program (MDP) is examined through the analysis of aggregate state level data for the U.S. and county level data from New York. Linear probability, logit and probit models of participation are estimated. The empirical results are highly similar across...

The technical efficiencies of New York dairy farms were estimated using a frontier production function. The average farm was 69 percent efficient. Individual farm efficiency was regressed on variables not considered inputs to explain why a farm was not on the frontier. Favorable location in the...