Showing 1 - 10 of 13
This study explores the growth in demand for fast food. A distinguishing characteristic of fast food is its convenience; in today's pervasive marketplace, consumers need not travel far to find a fast food outlet. This greater availability translates into a decrease in the full price of obtaining a...
Persistent link: https://www.econbiz.de/10005484273
Nutritional considerations are of increasing importance in some foods. To address demand for nutrition, we estimate a demand system for cereals of different nutrient types, concentrating on fiber and focussing on five Kellogg's cereals with marked differences in fiber content. Results shed light...
Persistent link: https://www.econbiz.de/10005468479
This study focused on consumer demand for orange juice, for both frozen concentrate and refrigerated, by major brands and nutritional enhancement. Demand for calcium-enhanced orange juice and standard orange juice were compared. Estimation involved system of demand equations and included the...
Persistent link: https://www.econbiz.de/10005468485
This paper examines how consolidation in the marketing system affects prices for orange juice. We isolated the pricing behavior of brand marketers, wholesalers, and retailers by observing the retail prices for specific orange juice products, including leading national brands and private label...
Persistent link: https://www.econbiz.de/10005338206
Our study compares the demand for high and low quality chicken, pork, and beef in Seattle and Indianapolis during 2008- 2010. We determined which of the Barton’s General Demand System specifications best fit the data and if beef, pork or chicken demands are asymmetrically separable by either...
Persistent link: https://www.econbiz.de/10011068970
Variability in published meat demand elasticity estimates for Canada motivates examining the importance of dynamics and endogeneity of right-hand-side variables. Wickens and Breusch suggest a re-parameterization of dynamics which allows estimating the long-run parameters directly and maintains...
Persistent link: https://www.econbiz.de/10005805456
Projections of world food demands hinge critically on the underlying functional form used to predict future demands. Simple functional forms can lead to unrealistic projections by failing to capture changes in income elasticities of demand as consumer becomes wealthier. This paper compares...
Persistent link: https://www.econbiz.de/10005806052
Combining depth, length and breadth, the Great Recession is the worst economic downturn that the US economy has suffered since the Great Depression. Among other things, the recession reduced household income, caused significant changes in food prices and increased consumer uncertainties. These...
Persistent link: https://www.econbiz.de/10010916193
Structural change remains a contentious issue in the literature. This study focuses on analyzing structural change in consumer demand for meats, which are modeled over the past half century. A standard inverse demand model is combined with a variant of the Smooth Transition Autoregressive (STAR)...
Persistent link: https://www.econbiz.de/10010916388
Computable General Equilibrium (CGE) models are increasingly being used to project world food markets in order to support forward-looking policy analysis. Such projections hinge critically on the underlying functional form for representing consumer demand. Simple functional forms can lead to...
Persistent link: https://www.econbiz.de/10005460390