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
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
Household at-home consumption of different types and cuts of meat and fish products is investigated by estimating a large censored demand system with a two-step procedure using ACNielsen's Homescan data. We find different price and expenditure elasticities between low-income and high-income...
Persistent link: https://www.econbiz.de/10005038919
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
The International Food and Agribusiness Management Review is published quarterly by IFAMA. www.ifama.org
Persistent link: https://www.econbiz.de/10009653605
In the United States, nearly 17 percent of greenhouse gas emissions come from residential energy use. Increases in energy efficiency for the residential sector can generate significant energy savings and emissions reductions. Consumer labels, such as USEPA’s Energy Star, promote conservation...
Persistent link: https://www.econbiz.de/10009020667
Developing fuels and vehicles that reduce our reliance on fossil fuels has become a priority due to the threat of global climate change and desire for reduced dependence on oil imports. Flexible-fuel vehicles that can run on ethanol/gasoline blends of up to 85% ethanol and hybrid electric...
Persistent link: https://www.econbiz.de/10009020722
A censored demand system estimator is proposed by extending the sample selection model of Heckman. Censoring is governed by a selection mechanism which avoids the restricitve Tobit parameterization. Results of application to household consumption of beverages suggest the estimator produces...
Persistent link: https://www.econbiz.de/10005500428
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/10005460303