Showing 1 - 10 of 20
This work examines feeder cattle pricing factors from internet auctions and preconditioned feeder calf sales. In addition to examining traditional pricing factors, factors were also examined relating to the marketing conditions and characteristics of the feeder cattle sold. A negative...
Persistent link: https://www.econbiz.de/10010880665
Persistent link: https://www.econbiz.de/10010916660
Several reasons justify the expectation of increasingly price elastic demand for dairy products. Using weekly scanner data, we find support for this hypotheses, but with wide variation in elasticity estimates across model specifications. The results demonstrate the need for more routine...
Persistent link: https://www.econbiz.de/10005220797
Household-level Canadian meat purchases from 2002-2008 and the Food Opinion Survey conducted in 2008 were used to explore consumer responses to Bovine Spongiform Encephalopathy (BSE) at the national level in Canada. Three measures of beef purchased were used to understand consumers‟ reaction...
Persistent link: https://www.econbiz.de/10009368326
Price elasticities and flexibilities for a system of frozen dessert products are estimated from scanner data. Simultaneity tests reject exogeneity of conditional expenditures, but not prices or quantities, at the weekly level. Inverting the elasticity matrix to obtain flexibilities, while...
Persistent link: https://www.econbiz.de/10005801066
Irreversible demand is relevant to pricing strategy and demand modeling with weekly data. Competing explanations include loss aversion and stockpiling. Irreversible models for U.S. cheese and table spreads suggest that stockpiling dominates loss aversion. Price smoothing may be an inappropriate...
Persistent link: https://www.econbiz.de/10005801287
Many in the private sector believe that price points have important implications for pricing strategy. Methods to identify and incorporate price points in demand systems were developed. Empirical tests identified price points in milk scanner data, but failed to find strategically meaningful...
Persistent link: https://www.econbiz.de/10005806731
Fish is a low-fat protein source high in omega-3 fatty acids, but in 2004 consumers also heard that farmed salmon had high levels of polychlorinated biphenyl (PCBs). This research evaluated how Canadian consumers and processors reacted to the conflicting health messages. Demand estimates and...
Persistent link: https://www.econbiz.de/10008546417
Household-level Canadian scanner data from 2002 – 2005 were used to identify consumer reactions to the early BSE discoveries that severely impacted Canada’s beef industry. In all provinces, consumers reacted to the initial BSE event by purchasing more beef, apparently to support struggling...
Persistent link: https://www.econbiz.de/10005060389
Fish is a low-fat protein source high in omega-3 fatty acids, but in 2004 consumers also heard that farmed salmon had high levels of polychlorinated biphenyl (PCBs). This research evaluated how Canadian consumers and processors reacted to the conflicting health messages. Demand estimates and...
Persistent link: https://www.econbiz.de/10005459667