Showing 1 - 10 of 64
The system-wide approach is used to develop an import allocation model based on blockwise dependence. The import demand system is parameterized using the absolute version of the Rotterdam model. Two empirical examples are given to illustrate the approach.
Persistent link: https://www.econbiz.de/10005026718
Demand relationships for two closely related products -- grapefruit juice and grapefruit-juice cocktail -- were estimated from grocery-store scanner data to analyze the contention that consumer confusion exists between the two products. Results suggest confusion may exist, with grapefruit-juice...
Persistent link: https://www.econbiz.de/10005026771
An extension of the differential demand system model is developed that allows the demand system’s income and price responses to vary with income level. The model’s income flexibility and marginal propensities to consume (MPCs) out of income are made functions of real income measured by the...
Persistent link: https://www.econbiz.de/10005039079
Seven systems of Engel curves for expenditures on ten commodity groups were estimated using Taiwanese household expenditure data for the period from 1996 through 1998. Results show that the estimated expenditure elasticities are insensitive to the choice of functional forms.
Persistent link: https://www.econbiz.de/10008565167
Facing a product penetration rate of below 10% for grapefruit juice (GJ), the Florida Department of Citrus (FDOC) has contracted Catalina Marketing for a GJ coupon program for the time period from mid November 2006 through June 2007. The purpose of this study is to estimate the impact of the...
Persistent link: https://www.econbiz.de/10005514025
Persistent link: https://www.econbiz.de/10005026719
This paper examines several approaches to introduce advertising in systems of demand equations. Advertising is included in the Rotterdam model using an unrestricted specification and three restricted specifications - advertising affects demand alternatively through (1) marginal utilities as in...
Persistent link: https://www.econbiz.de/10005026720
This study uses the household production theory to study the demand for nutrients, i.e., households purchase a combination of food items from the market and produce the needed nutrients from these food items. By following the traditional household production approach, shadow prices for nutrients...
Persistent link: https://www.econbiz.de/10005026721
Persistent link: https://www.econbiz.de/10005026722
Persistent link: https://www.econbiz.de/10005026723