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article examines the impact of advertising on the demand for nonalcoholic beverages in the United States. We employed an AIDS …As a first effort at modeling nonalcoholic beverage demand in a systemwide framework that includes bottled water, this … (almost ideal demand system) model of five jointly estimated equations that included advertising expenditures as explanatory …
Persistent link: https://www.econbiz.de/10005041364
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A two-step model with sample selection is applied to panel data of U.S. households to estimate at-home demand for fluid … aggregate studies, the long-run generic advertising elasticities for cheese were larger than for those of fluid milk …
Persistent link: https://www.econbiz.de/10005805373
This study develops an empirical framework that can be used to estimate quality-adjusted price elasticities from cross …-sectional data, which are theoretically consistent and comparable to elasticities from time-series data. The new approach shows the … importance of properly adjusting for quality variation in demand analysis. …
Persistent link: https://www.econbiz.de/10005807746
We study consumer preferences for socially-responsible certified coffee based on alternative ways to distribute the price premium of the product. We use Becker, DeGroot, and Marschak (BDM) auctions in an experimental setting to elicit consumer willingness to pay for two socially-responsible...
Persistent link: https://www.econbiz.de/10011068670
Persistent link: https://www.econbiz.de/10010921347
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approach and the simulation procedure to evaluate the probability integrals. An AIDS model is estimated and the elasticities …Kuhn-Tucker approach and its dual have been proposed to the demand system estimation when there are non … needed in parameter estimation. In this paper, we avoid the above two issues by using the Amemiya-Tobin demand system …
Persistent link: https://www.econbiz.de/10010921549
In this study, we develop and estimate a censored LA/AIDS model using household-level purchase data. In addition to … analyze a demand system featuring six fish and three meat commodities, using Norwegian household data. …
Persistent link: https://www.econbiz.de/10010921594
We propose a regime-switching model that allows demand to respond asymmetrically to upward and downward advertising … asymmetric advertising response. Results indicate that a decrease in milk advertising had a more profound impact on milk demand … than an increase did. An increase in milk advertising had no impact on milk demand, but a decrease could have an own …
Persistent link: https://www.econbiz.de/10005802785