Showing 1 - 10 of 140
The Quadratic AIDS model was estimated to analyze the U.S. fruit consumption using annual per capita consumption data and prices for a demand system consisting of fresh fruit, fruit juice and other processed fruit. All Marshallian own price elasticities are found to be negative and the demand...
Persistent link: https://www.econbiz.de/10009421054
Country-of-Origin Labeling (COOL) legislation for fish and shellfish was passed as part of the Farm Security and Rural Investment Act of 2002. Farm-raised and wild-caught seafood items caught after December 4, 2004, began COOL in April 4, 2005. COOL requires retailers to display the country of...
Persistent link: https://www.econbiz.de/10008922513
A censored Almost Ideal Demand System (AIDS) and a Quadratic Almost Ideal Demand System (QUAIDS) were estimated in modeling non-alcoholic beverages. Five estimation techniques were used, including the conventional Iterated Seemingly Unrelated Regression (ITSUR), two-stage methods such as the...
Persistent link: https://www.econbiz.de/10009020654
This paper presents a dynamic form of the almost ideal demand system (AIDS). The static AIDS model was employed to determine long-run equilibrium model and represents the short-run dynamics by an error correction mechanism. This estimation procedure is applied to estimate three kinds of popular...
Persistent link: https://www.econbiz.de/10010916303
Persistent link: https://www.econbiz.de/10009020641
This paper examines the evolution of alcoholic beverage sectors and the effects of tax policies on these sectors as well as the alcohol beverage demand systems in Japan utilising data from 1948 to 2011. In tax policy analyses, liquor tax policies are found to have differential effects on the...
Persistent link: https://www.econbiz.de/10011070386
This research estimates price and expenditure elasticities of U.S. red wine imports from five countries--Italy, France, Spain, Australia, and Chile--which are compared to elasticities of domestically produced red wine using the first-difference version of the almost ideal demand system (AIDS)....
Persistent link: https://www.econbiz.de/10005806296
Using Monte-Carlo simulation, , we compare the most popular demand systems including the LES, AIDS, BTL, QES, QUAIDS and AIDADS, and find that different models actually have different advantages in estimating different elasticities. Specifically, QES, AIDS and AIDADS models are the best in...
Persistent link: https://www.econbiz.de/10009021013
In this study AIDS and QUAIDS estimators with the 2010 VHLSS household survey show that rice is a normal good at the national level with an expenditure elasticity being 0.05. In addition, rice is found to be an inferior good for urban consumers and a normal good for rural consumers with...
Persistent link: https://www.econbiz.de/10011125410
Der Beitrag untersucht das Nachfrageverhalten der deutschen Privathaushalte anhand von Daten zweier Haushaltspanels der Gesellschaft für Konsumforschung. Es wird ein Almost Ideal Demand System (AIDS) mit 13 Lebensmittelgruppen für den Zeitraum von 2004 bis 2008 geschätzt. Der Fokus der...
Persistent link: https://www.econbiz.de/10011070467