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When using household-level data to examine consumer demand it is common to find that consumers purchase only a subset of the available goods, setting the demand for the remaining goods to zero. Ignoring such censoring of the dependent variables can lead to estimators with poor statistical...
Persistent link: https://www.econbiz.de/10009368351
When using household-level data in examining consumer's demand it is common to find that consumers purchase only a subset of the available goods, setting the demand for the remaining goods to zero. Ignoring such censoring of the dependent variables in the estimation can lead to biased parameter...
Persistent link: https://www.econbiz.de/10005523028
The United States cheese consumption has grown considerably over the years. Using Nielsen Homescan panel data for calendar years 2005 and 2006, this paper examines the effect of economic and socio-demographic factors on the demand for disaggregated cheese varieties. In this study, we estimated...
Persistent link: https://www.econbiz.de/10010880894
The impacts of rising food prices on poverty and welfare of Mexican households are examined by using a linearized version of the Exact Affine Stone Index (EASI) demand system. The distribution of monetary measures of welfare effects from food price changes is estimated as well as equivalence...
Persistent link: https://www.econbiz.de/10011070037
This study tests hypotheses derived from the theory of rationing using data for Polish households during the transition. There are six commodity groups and virtual prices are derived for rationed goods. The evidence is consistent with the theory: larger own-price elasticities for non-rationed...
Persistent link: https://www.econbiz.de/10005468473
We study the determinants of somatic cell count (SCC) for fluid milk among U.S. dairies. We synthesize much of the work that has been done to model SCC economically in order to identify the potential impacts of buyer-imposed penalties and incentives within the supply chain. Additionally we...
Persistent link: https://www.econbiz.de/10010915972
The popularity of AIDS may not easily extend to censored demand systems. We propose an incomplete demand system that has relatively few restrictions on the parameter space, but preserves its theoretical consistency and apply this model to Indonesian data that have significant proportion of...
Persistent link: https://www.econbiz.de/10005330756
Estimated Indonesian backyard and commercial broiler output supply and input demands from normalized quadratic function satisfy all theoretical properties (homogeneity, reciprocity, adding-up, symmetry, curvature). Elasticities have correct signs and are significant. Very inelastic supply...
Persistent link: https://www.econbiz.de/10005338285
Paper for presentation at the Northeastern Agricultural & Resource Economics Association’s Workshop on Economics and Child Nutrition Programs, AAEA & NAREA Joint Annual Meeting, Pittsburgh, Pennsylvania, July 23, 2011.
Persistent link: https://www.econbiz.de/10009653919
Consumers' preferences for meat quality attributes such as color influence their purchasing decisions. Better understanding of consumer preferences can help meat processors and others attain effective product development and marketing and inform public policy decisions on nutrition and food...
Persistent link: https://www.econbiz.de/10009368312