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Andrew Novakovic

Andrew Novakovic

  • E. V. Baker Professor of Agricultural Economics Emeritus

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Faculty Area

Interdisciplinary Theme

Faculty Expertise

  • Food and Agricultural Economics
  • Applied Economics
  • Agricultural and Food Policy
  • Dairy Markets and Policy

Contact

Charles H. Dyson School of Applied Economics and Management

a.novakovic@cornell.edu

Cornell Directory Entry

Biography

Andrew Novakovic is the E.V. Baker Professor of Agricultural Economics Emeritus at the Charles H. Dyson School of Applied Economics and Management. His interests and expertise are in understanding the economics of agricultural and food product markets, with a particular focus on dairy foods. This includes the economics of market coordination and pricing, the operation of food processing and marketing firms, and the economic regulation of marketing and pricing activities.

Although no longer actively engaged in research and teaching activities, Novakovic remains professionally active through interactions with industry and government. Since 2022 he has been employed as an expert consultant with the U.S. Department of Agriculture.

Selected Publications

  • Wolf, Christopher; Stephenson, Mark; Knoblauch, Wayne; Novakovic, Andrew. "Dairy farm financial performance: firm, year, and size effects"Agricultural Finance Review. 76.4 (2016): 532-543
  • McGranaghan, Matthew; Novakovic, Andrew; Schulze, William. "An Examination of Competitive Behaviors in U.S. Farmer-First Handler Milk Sales Transactions"Program on Dairy Markets and Policy. Cornell University. RP 17-01 (2017)
  • Bolotova, Yuliya; Novakovic, Andrew. "An Analysis of Retail Milk Pricing in the Eastern U.S."Journal of Food Distribution Research. 47.1 (2016): 65-72
  • Novakovic, Andrew; Bolotova, Y. "An Empirical Analysis of Wholesale Cheese Pricing Practices on the Chicago Mercantile Exchange (CME) Spot Cheese Market". International Food and Agribusiness Management Assn Annual World Symposium. (2015)
  • Novakovic, Andrew; Wolf, Christopher. "Federal Interventions in Milk Markets"Choices. Quarter 4 (2016)

Awards and Honors

  • Award of Merit for Outstanding Extension Program (2015) Agricultural and Applied Economics Association
  • Award of Merit for Outstanding Extension Program (1984) American Agricultural Economics Association
  • Award of Merit for Outstanding Extension Program (1987) American Agricultural Economics Association
  • Distinguished Extension Program (1999) Cornell College of Agriculture and Life Sciences
  • Donald C. Burgett Distinguished Advisor Award (2010) Cornell University College of Agriculture and Life Sciences

Academic Degrees

  • PhD Purdue University, 1979
  • MS Purdue University, 1976
  • BS University of Wisconsin, River Falls, 1974

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