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We propose a regime-switching model that allows demand to respond asymmetrically to upward and downward advertising changes. With the introduction of a smooth transition function, the model features smooth rather than abrupt parameter changes between regimes. We apply the model to nonalcoholic...
Persistent link: https://www.econbiz.de/10005802785
A web-based contingent behavior analysis was developed to quantify the effect of both negative and positive information treatments and post harvest processes on demand for oysters. Results from a panel model indicate that consumers of raw and cooked oysters behave differently after news of an...
Persistent link: https://www.econbiz.de/10008504236
The impacts of economic and demographic variables on the demand for food grain commodities in urban Jiangsu province of China are estimated, using both the QUAIDS and the AIDS models. Results show that the demands for wheat flour and coarse grains are price-elastic while the demands for rice and...
Persistent link: https://www.econbiz.de/10008539731
The generalized dynamic Rotterdam model was used in estimating U.S. demand for disaggregated catfish. The overall goal was to examine habit persistence in consumption and to determine the adjustment process in demand. Results indicated that it took up to 1 month for catfish-product demand to...
Persistent link: https://www.econbiz.de/10008474535
This study analyzes consumer purchasing behavior of organic fresh fruits and vegetables using the 2006 Nielsen Homescan panel. An ordered logit model was estimated to quantify the impacts of economic and socio-demographic factors on the probability of a household belonging to a specific organic...
Persistent link: https://www.econbiz.de/10008474536
In order to estimate demand elasticities of source differentiated beef in South Korea, this study used the quantity of an endogenous demand system derived through maximizing the economic welfare of market participants including local beef consumers and local and foreign beef suppliers. The...
Persistent link: https://www.econbiz.de/10005041390
In this study we found that Japanese consumers value the conventional health claim “low in saturated fat†more than the relatively newer claims, such as “high in oleic acid.†In addition, consumers do not prefer oil with genetically modified ingredients or oil that is not...
Persistent link: https://www.econbiz.de/10005041411