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The effects of product and economic characteristics on consumers who purchase six cuts of fresh beef (blocks/parts, steak, thinly sliced, diced, chopped, and ground) in urban areas of the United States, Japan, and Australia will be examined in this paper. Certain product characteristics (such as...
Persistent link: https://www.econbiz.de/10005310809
We estimate price formation in the sweet cherry market using an inverse demand system with farm-level price and quantity data from states in the Pacific Northwest and California. Between 0.60 and 0.78 of the variation in annual cherry price is explained by the states’ production, domestic...
Persistent link: https://www.econbiz.de/10005041211
An analytical framework to assess the effects of changing income and socio-demographic distributions on aggregate food demand functions in transitional economies is presented. Ignoring such distributional effects can lead to biased estimates of aggregate demand elasticities. The proposed method...
Persistent link: https://www.econbiz.de/10005798216
An Inverse Almost Ideal Demand System is utilized to determine the effectiveness of Market Promotion Program (MPP) and Target Export Assistance (TEA) advertising and promotion expenditures in the Japanese market for meat. Using annual data, it is found that beef advertising and promotion has had...
Persistent link: https://www.econbiz.de/10005454350
Grass-fed beef is a product with health benefits that may appeal to health-conscious consumers. This article analyzes the results of a choice experiment to explore the importance of health benefits in the marketing of grass fed beef. Both price and fat and calories have a negative effect on the...
Persistent link: https://www.econbiz.de/10005454354