A new model for the farm-retail price spread, which accounts for both farm supply and retail demand changes, is introduced. This model is applied to beef, and its empirical performance relative to the markup pricing formulation is evaluated using nonnested testing procedures. The results are...

This paper examines the extent to which observed changes in per capita beef consumption can be accounted for by changes in relative prices and per capita real income. Particular attention was given to specifying the functional form by focusing on the nature of demand shifts over time. These...

Implementation of the Pathogen Reduction and Hazard Analysis and Critical Control Points (PR/HACCP) regulations has now occurred across all U.S. meat and poultry plants. Using databases of plants under federal inspection, we estimate a probit model to determine which factors have affected the...

An equilibrium displacement model of the world wool top industry is used to estimate the returns to the Australian wool industry from productivity improvements in farm production, in top making and in textile manufacturing. The returns to the industry from these different types of research and...

In this paper, using pseudo panel data we analyze the relation between cigarette and alcoholic beverage consumption within the rational addiction framework. We believe that pseudo panel data approach has many advantages compared to aggregate and panel data models. We found that alcoholic...

It has long been recognized that cigarette and alcohol not only have adverse health effects, but also negative externalities imposed on third parties. If cigarette and alcohol are related in consumption, the information on the way in which they are related may allow a better coordination of the...

This study analyzes the demands for organic and conventional milk at both brand level and commodity level adopting the multi-stage demand approach. The study also measures the consumer benefits from organic milk introduction and finds the welfare effect significant.

In this study, we employ a rational addiction framework to analyze the effects of smoking bans on alcohol consumption in bars/restaurants. We use pseudo panel data approach which has many advantages compared to panel data. Although cigarettes and alcohol are complements in consumption, our...