Dynamic demand systems have been employed in a number of studies to account for habit formation and inventory adjustments in demand. Few studies have attempted to provide a theoretical foundation for the dynamic demand structures employed. Recently, Bushehri (2003) showed how a generalized...

The Rotterdam model, a complete consumer demand system, was fitted to personal consumption expenditure data for 1949-77 to study the interaction of consumer expenditures A full matrix of direct and cross price elasticities and income elasticities was estimated The 12 categories of expenditures...

Dynamic demand systems have been employed in a number of studies to account for habit formation and inventory adjustments in demand. Few studies have attempted to provide a theoretical foundation for the dynamic demand structures employed. Recently, Bushehri (2003) showed how a generalized...

This study examined Nile perch demand in the Netherlands and assessed the importance of country of origin as a determining factor. Import demand equations were estimated using the absolute price version of the Rotterdam model where Nile perch fillets were differentiated by product form (chilled...

This study examined the impacts of four promotional tactics—features, displays, features and display together, and temporary price reductions—in context of a conditional demand system for 12 beverages. The Rotterdam model with promotion effects specified through the...

The objectives were to analyze the competitiveness of countries exporting fruit juices into Japan and simulate the effect of the negative Japanese population growth rate on fruit juice demand. The relative price version of the Rotterdam demand model was estimated for orange, grapefruit, other...

The generalized dynamic Rotterdam model was used in estimating U.S. demand for disaggregated catfish. The overall goal was to examine habit persistence in consumption and to determine the adjustment process in demand. Results indicated that it took up to 1 month for catfish-product demand to...

This study examined Nile perch demand in the Netherlands and assessed the importance of country of origin as a determining factor. Import demand equations were estimated using the absolute price version of the Rotterdam model where Nile perch fillets were differentiated by product form (chilled...

An extension of the Rotterdam model is developed that makes the model’s income flexibility and marginal propensities to consume varying coefficients. Frisch’s duality relationships that the second partial derivatives of demand with respect to income and prices are independent of...