Farm Credit East recently supported an independent study by Dr. Rigoberto Lopez of the University of Connecticut (see page 25 for full profile) to quantitatively estimate the multiplier impact of Northeast agricultural production on the larger economy. This report presents those findings as an...

Connecticut Agricultural System Establishments and Jobs Prepared for the Connecticut Governor’s Council on Agricultural Development

In July 2009, Connecticut Public Act 09-229 established an agricultural sustainability account to provide financial assistance to Connecticut milk producers during times when the federal milk pay price falls below a minimum sustainable monthly cost of production (COP). This legislation mandates...

This report is a follow up on previous reports for 2011 quarters two, three, and four and 2012 quarter one that use the current USDA methodology and continues the Vermont and Maine milk COP estimates previously calculated by the USDA’s ERS. The methodology used to estimate the milk COP for...

This article uses a discrete choice, random coefficients logit model for analyzing consumer behavior and retail price competition in the Boston fluid milk market. The problems of product dimensionality and consumer heterogeneity implied by imperfect substitution in markets with differentiated...

This article tests the Grossman-Helpman Protection for Sale model using panel data from U.S. food processing industries with endogenous protection, imports, and political organization of industries. The results support the key predictions of the model: organized industries are granted higher...

This article examines the role of imperfect competition in determining total factor productivity growth (TFPG) by bringing together a New Empirical Industrial Organization (NEIO) model and the TFPG model of Nadiri and Mamuneas (1998). Applying the integrated model to 1973-92 data from 29 food...

This article examines the impact of Wal-Mart Supercenters’ entry on incumbents’ pricing behavior and demand. Using a structural model and milk data from the Dallas/Fort Worth supermarket chains, empirical results show that an expansion of Supercenters caused incumbents to price milk...