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Household beverage consumption is investigated using data from the National Food Stamp Program Survey conducted in the United States. A censored Translog demand system is estimated with the full-information maximum-likelihood procedure. All own-price effects are negative and significant, and...
Persistent link: https://www.econbiz.de/10008570194
This article uses a double-hurdle model to examine the demand for cheese. Essentially, this approach argues that the effects of advertising and other factors on product demand should be judged in terms of their influence on two separate decisions: a decision to participate in the market for...
Persistent link: https://www.econbiz.de/10008570201
Estimation and simulation of food expenditure models indicate that Americans 65 and older tend to spend more on food at home and less on food away from home than do younger households. Some regional variation occurs with the Northeast and West spending the most on total food. The econometric...
Persistent link: https://www.econbiz.de/10008570540