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Consumer concerns regarding food safety can have substantial impacts on their consumption patterns. Thus, understanding consumer response to food safety information is important for quantifying consumer response to food safety events, predicting market impacts, and developing appropriate risk...
Persistent link: https://www.econbiz.de/10010880102
This paper develops a model for demand-system estimations, whose coefficients are own-price Marshallian elasticities and elasticities of substitution between goods. The model satisfies the homogeneity, symmetry and, eventually, adding-up restrictions implied by consumer theory. It is primarily...
Persistent link: https://www.econbiz.de/10010879581
‘Healthier food product’ has experienced a rapid growth rate in recent years in U.S. because of the increasing consumer demand for healthier and environmental friendlier lifestyle. This analysis is looking for price discrimination evidences by comparing price cost margins of regular food...
Persistent link: https://www.econbiz.de/10009020713
Regulation (EC) No 1924/2006, 20 December 2006, requires functional foods manufacturers operating in Europe to provide evidence that the health claims reported on the packaging are truthful. However, most applications reviewed by the European Food Safety Authority (EFSA) have been rejected,...
Persistent link: https://www.econbiz.de/10009021068
Regulation (EC) No 1924/2006, 20 December 2006, requires functional foods manufacturers operating in Europe to provide evidence that the health claims reported on the packaging are truthful. However, most applications reviewed by the European Food Safety Authority (EFSA) have been rejected,...
Persistent link: https://www.econbiz.de/10009444343
The number of meat recalls has increased markedly in recent years. Meat recalls have the potential to adversely affect short run demand for meat because of the associated decline in consumer confidence. This research examines the impact of beef and pork recalls on nearby daily live cattle and...
Persistent link: https://www.econbiz.de/10005807879
Indonesia is the largest market for Australian live cattle exports so estimates of income and price elasticities of meat demand in Indonesia may help exporters to set appropriate pricing strategies and to model future demands. In contrast to developed countries, where meat demand studies often...
Persistent link: https://www.econbiz.de/10010882893
This paper considers a range of issues relating to the contribution of meat consumption and livestock production to global warming given the need highlighted by the Committee on Climate Change (CCC) to reduce global GHG emissions by over 50% by 2050. The IPCC Climate Change 2014 report...
Persistent link: https://www.econbiz.de/10011275766
Using IRI Infoscan data pertaining to six types of spaghetti sauces and employing an extension of the demand systems framework developed by Duffy, estimates are obtained of own-price, cross-price, and total expenditure elasticities as well as own- and cross-product advertising elasticities. We...
Persistent link: https://www.econbiz.de/10005469091
Persistent link: https://www.econbiz.de/10011780896