Gunderson, Michael A.; Lusk, Jayson L.; Norwood, F. Bailey - In: Review of Agricultural Economics 31 (2009) 1, pp. 68-87
A relative increase in demand for one type of beef can have one of two potentially countervailing effects: it can cause substitution of one type for another and/or it might expand overall demand. The results of a random parameters logit analysis indicate that regardless of whether USDA Choice or...
