Basic Mechanisms of Japanese Dairy Policy and Milk Market Models: A Comparison with United States Dairy Policy

The objective of this paper is to examine the similarities and differences between the dairy programs in the US and Japan and the implications of those programs for development of milk market models. The basic framework of the US and Japanese dairy policies is very similar. Price supports for milk u...

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Bibliographic Details
Published in:Journal of dairy science 1994-06, Vol.77 (6), p.1746-1754
Main Authors: Suzuki, Nobuhiro, Kaiser, Harry M.
Format: Article
Language:English
Subjects:
COMPETENCIA ECONOMICA
CONCURRENCE ECONOMIQUE
CONTINGENT DES IMPORTATIONS
COOPERATIVAS DE PRODUCTORES
COOPERATIVE DE PRODUCTEURS
CUOTA DE IMPORTACION
ESTADOS UNIDOS DE AMERICA
ETATS UNIS
INDUSTRIA LECHERA
INDUSTRIE LAITIERE
Japanese dairy policy
JAPON
LAIT
LAIT BOISSON
LECHE
LECHE LIQUIDA
MANTENIMIENTO DE LOS PRECIOS
milk market models
POLITICA DE COMERCIALIZACION
POLITIQUE DE MARCHE
PRECIOS
price discrimination
PRIX
PRODUCTOS LACTEOS
PRODUIT LAITIER
SOUTIEN DES PRIX
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Summary:The objective of this paper is to examine the similarities and differences between the dairy programs in the US and Japan and the implications of those programs for development of milk market models. The basic framework of the US and Japanese dairy policies is very similar. Price supports for milk used for manufactured dairy products, classified pricing and revenue pooling, and import quota are major components of both programs. Interesting differences in each component are also present. Price discrimination between fluid and manufacturing milk products must be accounted for in the development of models of the dairy industries in both countries.
ISSN:0022-0302
1525-3198
DOI:10.3168/jds.S0022-0302(94)77115-0