Footnote:
In: Agribusiness: An International Journal, Vol. 25, 2009
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 14, 2008 erstellt
Description:
This study distinguishes nonadvertising marketing activities from generic advertising and investigates their separate impacts on the retail demand for fluid milk in New York State. Advertising, having an estimated elasticity (of demand) of 0.038 using panel data, is found to be about five times as effective as nonadvertising and therefore remains the more powerful marketing tool. Such results have policy implications in benefit-cost analysis and optimal allocation of fluid-milk check-off funds. Our results suggest that NYS dairy producers have much to gain from investing more of their check-off budgets in advertising