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The objective of the study is to estimate demand for wine in Australia, based on both the systems approach and the single equation approach. Both approaches consider demand for three categories of alcoholic drinks (beer, wine and spirits) in a seemingly unrelated regression framework to take...
Persistent link: https://www.econbiz.de/10005476549
The demand for wine is generally estimated on an aggregate level as a single commodity. However, as recent history shows us, the demand for wine not only varies considerably by varietal, but also by price point within each varietal. As a result, although estimates of the demand for wine may be...
Persistent link: https://www.econbiz.de/10005481008
Although mass-produced beers still represent the vast majority of U.S. beer sales, there has been a significant growth trend in the craft beer segment. This study analyzes the demand for beer as a differentiated product and estimates own-price, cross-price, and income elasticities for beer by...
Persistent link: https://www.econbiz.de/10011199745
In this paper a method to examine how households make their food choice considering micronutrients through utility theory is applied. The findings support the argument that nutrients play an important roles in the demand for food. The method is illustrated using the raw data EIH 2000/2001...
Persistent link: https://www.econbiz.de/10009020972
Demand for convenience foods has grown in the United States, which has implications for dietary quality and health, but little is known about the drivers behind the growth in purchases of such foods. We construct a novel data set that contains price indexes, budget shares, advertising...
Persistent link: https://www.econbiz.de/10011068712
Although mass-produced beers still represent the vast majority of U.S. beer sales, there has been a significant growth trend in the craft beer segment. This study analyzes the demand for beer as a differentiated product and estimates own-price, cross-price and income elasticities for beer by...
Persistent link: https://www.econbiz.de/10011068829
Persistent link: https://www.econbiz.de/10011068877
The livestock sector is emerging as one of the fastest growing agricultural sub-sectors in India and the expectations are that this growth could further accelerate due to growing incomes and the high income elasticity of demand for livestock products. Given the size and relatively equitable...
Persistent link: https://www.econbiz.de/10011069223
The effectiveness of pricing policies depends on the price elasticity of consumption. It is well documented that residential demand for water is influenced by heterogeneity associated with differences in the size of the household and socioeconomic characteristics. In this paper, we focus on...
Persistent link: https://www.econbiz.de/10011167676
Anticipating the impact of changes in economic incentives on dietary quality and nutritional health requires knowledge of how physical quantities of food consumed respond to price and income variations. A problem arises, however, because physical quantities are: 1- not consistent aggregates in...
Persistent link: https://www.econbiz.de/10010880140