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identify the key structural parameters; we find an own-price elasticity of short- and long-run supply of 0.32 and 0.27. An … inverse demand function is also estimated, and after accounting for endogeneity, we find a price flexibility of own …-price yearling demand of -0.71. Results reveal that demand shifted inward following the horse processing ban, resulting in deadweight …
Persistent link: https://www.econbiz.de/10010916386
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 estimated. The demand for organic milk was shown to be price elastic. The …
Persistent link: https://www.econbiz.de/10010917986
As a first effort at modeling nonalcoholic beverage demand in a systemwide framework that includes bottled water, this … article examines the impact of advertising on the demand for nonalcoholic beverages in the United States. We employed an AIDS … (almost ideal demand system) model of five jointly estimated equations that included advertising expenditures as explanatory …
Persistent link: https://www.econbiz.de/10005041364
. A random effects estimator is used to derive water demand elasticity estimates that are efficient and unbiased by … elasticity estimate drops to -.08%. Indoor water demand is almost perfectly inelastic. Water demands and their elasticities are …A meta-analysis of reported water demand elasticities shows that publication selection bias results in water demand …
Persistent link: https://www.econbiz.de/10011069006
The IFAMR is published quarterly by the International Food and Agribusiness Management Assocation. Complete library can be found at www.ifama.org
Persistent link: https://www.econbiz.de/10010909725
This paper presents a dynamic form of the almost ideal demand system (AIDS). The static AIDS model was employed to … procedure is applied to estimate three kinds of popular meats (red meat, chicken and fish) demand function in Iran. The …
Persistent link: https://www.econbiz.de/10010916303
Numerous studies have estimated elasticities of alcohol demand using different procedures. Because of widespread … differences in demand estimates, however, it is difficult to synthesise the literature into coherent meaning. This study improves … our understanding of alcohol demand by reporting results from a meta-analysis of 132 studies. Specifically, regressing …
Persistent link: https://www.econbiz.de/10009398621
This study investigates the demand for selected healthy food groups in the United States. The original linear … approximate almost ideal demand system (LA/AIDS) is modified by the use of a Laspeyres index and a normalization in order to … compute demand elasticities identically to the AIDS model. The results of this study suggest that poultry is the most price …
Persistent link: https://www.econbiz.de/10005801295
incorporating price expectations and biological constraints is used to estimate supply and demand functions for thoroughbred horses …. Empirical results characterize a market with inelastic supply and elastic demand that converges to equilibrium under static …
Persistent link: https://www.econbiz.de/10005802674
Derived demand relationships among four weight categories of feeder cattle entering Texas feedlots and their feed … consumed are examined using a generalized McFadden dual cost function. Results demonstrate systematic differences in demand …
Persistent link: https://www.econbiz.de/10008533302