The non-alcoholic beverage market in the U.S. is a multi-billion dollar industry growing steadily over the past decade. Also, non-alcoholic beverages are among the most heavily advertised food and beverage groups in the United States. Several studies pertaining to non-alcoholic beverages...

A 2007 foodborne illness incident involving peanut butter is linked with structural change in consumer demand. Compensated and uncompensated own- and cross-price elasticities and expenditure elasticities were calculated for leading brands before and after the product recall using the Barten...

This paper examines the impact of food scares on marketing margins in the US beef and pork industries. We analyze how market stresses induced by different food recalls and disease outbreaks affect price spreads and the extent of price transmission at the slaughter-to-wholesale and...

Testing for asymmetric price transmission and calculating elasticities of price transmission are of great importance in applied economics. We analyze the behavior of tests for asymmetry according to the conventional Houck approach and to the von Cramon-Taubadel and Loy error correction model...

Nonresponse is a pervasive and persistent problem in survey data. This research reviews several methods for imputing missing values. A special emphasis is placed on the multiple imputation methods as a more generalizable advanced remedy to missingness. An empirical application of these methods,...

To date, mixed demand systems have been all but ignored in empirical work. A possible reason for the scarcity of such applications is that one needs to know a priori which prices and quantities are endogenous in the mixed demand system. By using a directed acyclical graph (DAG), causal...

This study develops a procedure to estimate income distribution effects on market demand. The proposed procedure contains two steps: estimation of the underlying income distribution and estimation of market demand. Empirical findings show that the income distribution effect is a significant...

In this study we modeled demand interrelationships of at-home nonalcoholic beverage consumption in the United States using a unique data set developed using Nielsen HomeScan panel data of household purchases of nonalcoholic beverages over the period January 1998 through December 2003. We used 72...

It is generally observed that whenever there are cases of disease outbreaks or food recalls, there is a concomitant decline in commodity prices. However, it is still not clear what happens to price spreads among affected agents in the marketing chain. To shed light on this issue, we estimate the...