Date of Award

2016

Degree Type

Report

Degree Name

Master of Science (MS)

Department

Economics and Finance

First Advisor

Tyler Bowles

Abstract

This paper examines whether price volatility has increased for the all-milk price and milk margin over the past 25 years. It focuses on the impact of export and attempts to establish the existence of structural changes in the market. Various models are applied to analyze the stated question and results discussed. This paper finds that there was a distinct structural break in the milk price and possibly in the milk margin. Trade has limited correlation to volatility in the milk margin and milk price.

Included in

Economics Commons

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