Showing 1 - 10 of 17
A growing trend in demand analysis during the last two decades is the use of household survey data. Detailed demographic information collected in these surveys allows treatment of heterogeneous preference and the typically large sample also allows estimation of large demand system that are...
Persistent link: https://www.econbiz.de/10009443167
This study examines retail fluid milk products purchase data from Nielsen 2005 home scan data. The demand for seven categories of fluid milk products were estimated: whole milk, whole flavored milk, reduced fat milk, flavored reduced fat milk, buttermilk, canned milk and all other fluid milk...
Persistent link: https://www.econbiz.de/10010913522
Consumption of cigarettes, beer and wine by individuals is investigated, using a multivariate sample selection model. Empirical results suggest that the proposed model performs better than the restricted specifications. Gender differences are also present.
Persistent link: https://www.econbiz.de/10005330696
The International Food and Agribusiness Management Review is published quarterly by IFAMA. www.ifama.org
Persistent link: https://www.econbiz.de/10009653605
The study employs the full-information maximum-likelihood method to estimate a censored translog demand system. U.S. household consumption of steak, roast, and ground beef are used to demonstrate the application of the estimation procedure. The proposed methodology produces more efficient...
Persistent link: https://www.econbiz.de/10005801091
Count data models that incorporate the existence of excess zero observations were employed to estimate minimum demand thresholds for rural Wisconsin retail sectors. It was found that single- and double-hurdle models improved the estimation of rural retail minimum demand thresholds.
Persistent link: https://www.econbiz.de/10005801281
This study analyzes the demand for cigarettes fitting observed zero outcomes with a trivariate model consisting of an equation for the starting smoking decision, an equation for the quitting decision, and an equation that models the level of cigarettes consumed. Five competing specifications are...
Persistent link: https://www.econbiz.de/10005803152
Most Americans need to consume more fruits, vegetables, and dairy products. This need is particularly acute among low-income individuals. The objective of this study is to examine the cost effectiveness of two economic policies that use alternative policy levers available within the Supplemental...
Persistent link: https://www.econbiz.de/10008531472
This study estimates household demand for finfish in the United States using a limited dependent variable model that accounts for both participation and consumption decisions and also accommodates nonnormal heteroskedastic errors. Results suggest that own-price elasticity is near unitary and...
Persistent link: https://www.econbiz.de/10005064452
Demands for beef products are investigated using the U.S. Department of AgricultureÂ’'s 1987-88 Nationwide Food Consumption Survey data. The censored translog demand system is estimated with full-information and simulated maximum-likelihood procedures. These procedures represent different...
Persistent link: https://www.econbiz.de/10005064506