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This Discussion Paper provides a comprehensive description of longer-term trends for exports and world prices of dry milk products. The importance of U.S. exports of dry milk products is suggested by figures in the paper showing that in 2000, 17% of U.S. nonfat dry milk, 35% of dry whey, 47% of...
Persistent link: https://www.econbiz.de/10005330198
The proposed paper adopts the censored demand system approach of Lee and Pitt (1986) to examine the structure of Mexican food demand. This approach uses the concept of virtual prices to explain specific purchase patterns. The contribution of our selected paper is the incorporation of the...
Persistent link: https://www.econbiz.de/10009442870
A growing trend in demand analysis during the last two decades is the use of household survey data. Detailed demographic information collected in these surveys allows treatment of heterogeneous preference and the typically large sample also allows estimation of large demand system that are...
Persistent link: https://www.econbiz.de/10009443167
The main goal of this manuscript is to explore the retailer conduct in the milk market in a U.S. Midwestern city, based upon a structural estimation of consumer milk demand and retailer optimality conditions. To model milk demand we rely upon the Almost Ideal Demand System, while allowing the...
Persistent link: https://www.econbiz.de/10009443745
The objective of our research is to investigate retailer market conduct in the sale of beverage milk using a structural model of consumer behavior and retailer optimality conditions that embrace a range of competitive scenarios. The study is based on an aggregate level analysis of retailer...
Persistent link: https://www.econbiz.de/10009444320
This session investigates the impact of economic, social, and demographic factors as well as the food stamp program on the demand for food items. Papers include: Dairy Expenditures and the Changing Racial Composition of the United States, Donald McDowell, North Carolina A&T State University;...
Persistent link: https://www.econbiz.de/10005501194
Persistent link: https://www.econbiz.de/10005477323
Persistent link: https://www.econbiz.de/10005480338
The demand for fluid milk products has changed dramatically in recent years not only in terms of lower levels consumed but also in terms of the composition of the products consumed. A time-series based demand system analysis of the market for lowfat and whole milk products is developed...
Persistent link: https://www.econbiz.de/10005480986
A growing trend in demand analysis during the last two decades is the use of household survey data. Detailed demographic information collected in these surveys allows treatment of heterogeneous preference and the typically large sample also allows estimation of large demand system that are...
Persistent link: https://www.econbiz.de/10005460303