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The household production approach is used to characterize the household's preference toward nutrients in food consumption. Elasticities of substitution and Hicksian price elasticities are estimated, price- and expenditure-nutrient elasticities are calculated. Results show that protein is the...
Persistent link: https://www.econbiz.de/10005220865
This study examines imposing and testing restrictions on preference variables in the Rotterdam model through the impacts of these variables on marginal utilities. An empirical analysis of the impact of a female labor force participation variable in a Rotterdam demand system for fresh fruit...
Persistent link: https://www.econbiz.de/10005802654
This study examined the impacts of four promotional tactics—features, displays, features and display together, and temporary price reductions—in context of a conditional demand system for 12 beverages. The Rotterdam model with promotion effects specified through the...
Persistent link: https://www.econbiz.de/10008543671
This study uses the household production theory to study the demand for nutrients, i.e., households purchase a combination of food items from the market and produce the needed nutrients from these food items. By following the traditional household production approach, shadow prices for nutrients...
Persistent link: https://www.econbiz.de/10005026721
A demand system model differentiating goods by origin is developed to examine impacts of duty drawback on U.S. orange juice exports and prices. An empirical analysis suggests that on average duty drawback has increased annual orange juice exports by about 16.5 million SSE gallons or 11% of...
Persistent link: https://www.econbiz.de/10005026726
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Both a single equation model and Rotterdam demand system were used to estimate the impact of advertising on OJ demand. In the single equation model, OJ gallon sales were related to OJ advertising, grapefruit juice advertising, the price of OJ, seasonality variables, consumer income, and a dummy...
Persistent link: https://www.econbiz.de/10005026769
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