Showing 1 - 10 of 127
This paper tests for the influence of advertising on the inter-product distribution of consumer demand for non-durable goods and services in the UK, 1963-1996. The long-run demand for seven categories of non-durable products is modelled through an advertising-augmented version of the almost...
Persistent link: https://www.econbiz.de/10011069376
The Almost Ideal Demand system is applied to consumption in Bulgaria. It is argued that the conventional estimation of the Almost Ideal model should be done within the framework of contemporary time series methodology. In this paper, the canonical cointegrating regression procedure of Park is...
Persistent link: https://www.econbiz.de/10010879532
The demand for food and beverages is estimated within a three-stage demand model. The separability structure of the model is checked by nonparametric tests. Some generalized axiom of revealed preference (GARP) violations are detected in one of the subsystems. However, they are removed by small...
Persistent link: https://www.econbiz.de/10010879536
The recent rural reforms in China have had great effects on agricultural production and productivity as well as rural household consumption. While much has been written on production and productivity effects of these reforms, very few Chinese studies have attempted to analyze the changes in...
Persistent link: https://www.econbiz.de/10010879550
Aggregate quarterly time series data from 1975 to 1987 on government procurement prices and open (black) market prices were used in estimating an almost ideal demand system (AIDS) and double-log models for consumption of foodstuffs in Myanmar. The results from the AIDS model were superior to...
Persistent link: https://www.econbiz.de/10010911409
The linear approximate version of the almost ideal demand system (LA-AIDS) model is estimated using data from the Lithuanian household budget survey (HBS) covering the period from July 1992 to December 1994. Price and real expenditure elasticities for 12 food groups were estimated based on the...
Persistent link: https://www.econbiz.de/10011069287
In many developing countries, a high proportion of the population resides and works in rural areas. Agriculture is the dominant sector in rural areas and has the greatest concentration of poverty: landless workers, small tenant farmers, and small farm owners. Thus, any development strategy that...
Persistent link: https://www.econbiz.de/10010879558
The current report analyses the process of producers' expected price formation through the estimation of supply functions, using vegetables and green tea in Japan as an example. At first, theoretical analysis shows that the factors which transform the producers' expected price formation from the...
Persistent link: https://www.econbiz.de/10010911377
The paper considers an industry transforming primary commodities (farm products) into processed commodities (food products). It focuses on the allocation of embedded characteristics (carbohydrate, protein, etc.) both across space and among commodities. The approach generates a spatial...
Persistent link: https://www.econbiz.de/10010911392
Agricultural pricing policies in developing countries are often the result of complex interactions between producer, consumer and merchant groups and their relative effectiveness in influencing government decision making. Even within governments, various ministries often have opposing views. In...
Persistent link: https://www.econbiz.de/10010911410