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The study quantifies the relationship between retail wine price and restaurant mark-up. Ordinary Least Squares regressions were run to estimate how restaurant mark-up responded to retail price. Separate regressions were run for white wine, red wine, and both red and white combined. Both slope...
Persistent link: https://www.econbiz.de/10010881478
The U.S. beef industry has experienced considerable reductions in beef demand over the past 30 years. One possible factor in declining beef demand is lack of progress in the development of consistent, high-quality branded beef products. This article uses Nielsen Homescan data and hedonic models...
Persistent link: https://www.econbiz.de/10010917978
This study examined consumer demand for organic fluid milk in the current maturing organic market using a nationwide weekly retail scanner data set. An Almost Ideal Demand System in which both organic milk and conventional milk were further decomposed into products with different fat content was...
Persistent link: https://www.econbiz.de/10010917986
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We used a controlled, uniform 5th-price auction to elicit values for sweet potatoes—both when location is known and unknown, and before and after tasting and providing health information. Significant differences were found between pre- and post-consumption valuations and also found that...
Persistent link: https://www.econbiz.de/10005041149
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
The objective of this research was to analyze the demand patterns of Hispanic households for meats in comparison with other ethnic groups using data from the 1998 Consumer Expenditure Survey. A system of demand equations of the LinQuad form were estimated for ten meat products using an...
Persistent link: https://www.econbiz.de/10005454271
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National opinion polls indicate that pesticide residues on fresh fruits and vegetables remain an important concern of American consumers, despite a decade-long increase in per capita consumption levels for fresh fruits and vegetables. Increased availability of organically grown fruits and...
Persistent link: https://www.econbiz.de/10005510871