Showing 1 - 10 of 4,891
The objective of the study is to estimate demand for wine in Australia, based on both the systems approach and the single equation approach. Both approaches consider demand for three categories of alcoholic drinks (beer, wine and spirits) in a seemingly unrelated regression framework to take...
Persistent link: https://www.econbiz.de/10005476549
The demand for wine is generally estimated on an aggregate level as a single commodity. However, as recent history shows us, the demand for wine not only varies considerably by varietal, but also by price point within each varietal. As a result, although estimates of the demand for wine may be...
Persistent link: https://www.econbiz.de/10005481008
Anticipating the impact of changes in economic incentives on dietary quality and nutritional health requires knowledge of how physical quantities of food consumed respond to price and income variations. A problem arises, however, because physical quantities are: 1- not consistent aggregates in...
Persistent link: https://www.econbiz.de/10010880140
This study suggests that demand management through pricing policies can be used to solve water supply problems. A demand function for water was developed using cross-sectional water data. The demand function was used in a simulation analysis to determine reservoir capacity needed to supply water...
Persistent link: https://www.econbiz.de/10010882839
The purpose of this study is to analyse the demand for fresh fruits in Scotland in order to provide evidence about their sensitivity to changes in prices and income. Six fresh fruit categories were studied using time series for the period 2006 to 2011: citrus, apples and pears, bananas, grapes...
Persistent link: https://www.econbiz.de/10010909994
This article uses a discrete choice, random coefficients logit model for analyzing consumer behavior and retail price competition in the Boston fluid milk market. The problems of product dimensionality and consumer heterogeneity implied by imperfect substitution in markets with differentiated...
Persistent link: https://www.econbiz.de/10010914220
The purpose of this study is to analyse the demand for fresh fruits in Scotland in order to provide evidence about their sensitivity to changes in prices and income. Six fresh fruit categories were studied using time series for the period 2006 to 2011: citrus, apples and pears, bananas, grapes...
Persistent link: https://www.econbiz.de/10010914650
Analysts frequently adjust price, income, or other data to eliminate the influence of inflation or difference in size The authors of this article examine economic and statistical reasons for deflating time-series and cross-sectional data prior to estimating demand relations Signs and magnitudes...
Persistent link: https://www.econbiz.de/10010919351
Reef fish traded alive for table food are high value-to-volume products, with demand centred in Hong Kong and southern mainland China. Import demand functions for live reef food fish are estimated for Hong Kong, in aggregate and for individual fish species. Cross-price, income and population...
Persistent link: https://www.econbiz.de/10010920143
Several reasons justify the expectation of increasingly price elastic demand for dairy products. Using weekly scanner data, we find support for this hypotheses, but with wide variation in elasticity estimates across model specifications. The results demonstrate the need for more routine...
Persistent link: https://www.econbiz.de/10005220797