Analysis of demand and supply in the dairy sector of the Netherlands

This research on the demand for and supply of milk in the Netherlands combines a detailed empirical analysis with a strong emphasis on methodological aspects. The analysis forms a pilot study for part of an EC dairy sector model. The particular demand and supply functions are derived from theory. On the demand side, information from data has been combined with a priori information. The methodology involved is discussed in detail. This particular working method enables information from cross-section (or time series cross-section) data to be combined with macro data, leading to a consistent resu... Mehr ...