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On Demand Analysis and Dynamics: A Benefit Function Approach
Chavas, Jean-Paul - Agricultural and Applied Economics Association - AAEA - 2013
This paper develops an economic and econometric analysis of demand dynamics, with an application to US aggregate data … marginal benefits. The analysis uncovers strong statistical evidence of demand dynamics, especially for food. We find that the … marginal benefit of food declines with food consumption and that this effect becomes much stronger in the long run. We also …
Persistent link: https://www.econbiz.de/10010916007
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An Assessment of Dynamic Behavior in the U.S. Catfish Market: An Application of the Generalized Dynamic Rotterdam Model
Muhammad, Andrew; Jones, Keithly G. - In: Journal of Agricultural and Applied Economics 41 (2009) 03
was to examine habit persistence in consumption and to determine the adjustment process in demand. Results indicated that …, habit persistence played a role in demand where present consumption of a given product was positively affected by past … consumption of that product. Consequently, U.S. catfish demand was significantly more elastic in the long-run. …
Persistent link: https://www.econbiz.de/10008474535
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Firm-Level Competition in Price and Variety
Richards, Timothy J.; Patterson, Paul M. - 2006
Consumer product manufacturers often compete in dynamic, multi-firm oligopolies using multiple strategic tools. While existing empirical models of strategic interaction typically consider only parts of the more general problem, this paper presents a more comprehensive alternative. Marketing...
Persistent link: https://www.econbiz.de/10009445669
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Firm-Level Competition in Price and Variety
Richards, Timothy J.; Patterson, Paul M. - In: Journal of Agricultural and Applied Economics 38 (2006) 03
Consumer product manufacturers often compete in dynamic, multi-firm oligopolies using multiple strategic tools. While existing empirical models of strategic interaction typically consider only parts of the more general problem, this paper presents a more comprehensive alternative. Marketing...
Persistent link: https://www.econbiz.de/10005320806
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Sales Promotion and Cooperative Retail Pricing Strategies
Richards, Timothy J.; Patterson, Paul M. - Morrison School of Agribusiness & Resource Management, … - 2004
Supermarket retailers make strategic pricing decisions in a high-frequency, repeated game environment both in buying and selling fresh produce. In this context, there is some question as to whether a non-cooperative equilibrium can emerge that produces margins above the competitive level....
Persistent link: https://www.econbiz.de/10005330352
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Dynamic Productivity Growth in the Spanish Meat Industry
Kapelko, Magdalena; Oude Lansink, Alfons G.J.M.; … - European Association of Agricultural Economists - EAAE - 2012
This paper develops a dynamic Luenberger productivity growth indicator and decomposes it to identify the contributions of technical change, technical efficiency change and scale change. The Luenberger productivity growth indicator is estimated using Data Envelopment Analysis. The empirical...
Persistent link: https://www.econbiz.de/10010879196
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Dynamics in trade streams in international food supply networks. The case of fresh produce, meat, and cereals
Deiters, Jivka; Fritz, Melanie - European Association of Agricultural Economists - EAAE - 2010
The identification of the most relevant agri-food trade streams serves as the foundation and shows the trading volume in selected countries on which the later research of project e-Trust is based, with particular consideration of the specific role of trust in these transactions and its transfer...
Persistent link: https://www.econbiz.de/10008693399
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Dynamic Relationships Between Farm Real Estate Values and Federal Farm Program Payments
Shaik, Saleem; Miljkovic, Dragan - In: Journal of Agricultural and Resource Economics 35 (2010) 1
This study examines the dynamic relationships among farm real estate values, farm returns, farm program payments, and real interest rates in an income capitalization model. Endogeneity is assumed among the variables in a dynamic framework because the direction of causality is unclear from a...
Persistent link: https://www.econbiz.de/10008543650
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Import Demand for Milk in China: Dynamics and Market Integration
Dharmasena, Senarath; Wang, Jing; Bessler, David A. - Southern Agricultural Economics Association - SAEA - 2015
The consumption of milk in China has been increasing over past two decades. Currently, China does not produce enough …
Persistent link: https://www.econbiz.de/10011125466
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A dynamic heterogeneous labour demand model for German manufacturing
Falk, Martin; Koebel, Bertrand M. - 2000
This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...
Persistent link: https://www.econbiz.de/10010297678