Showing 1 - 6 of 6
We estimate a CBS system model of U.S. derived demand for meat. We use this model (1) to examine relationships between three quality categories of beef and three other meats and (2) to simulate how taste shifts have affected demands for meats over time. We extend previous studies by...
Persistent link: https://www.econbiz.de/10009429466
Farm, wholesale, and retail prices for beef and pork show significant evidence of asymmetric price interactions. All prices display greater sensitivity to price-increasing shocks than to price-decreasing shocks. The farm beef price, in particular, reacts faster to wholesale price increases than...
Persistent link: https://www.econbiz.de/10010910395
Shifts in the distribution of income tended to increase the demand for beef and decrease the demand for pork and chicken in the early eighties However, shifts in relative prices and other factors worked to decrease the demand for beef Consequently, the demand for beef declined from 1980 to 1985...
Persistent link: https://www.econbiz.de/10010910593
Beef and pork prices at farm, wholesale and retail are examined for evidence of a dynamic and asymmetric price transmission using an endogenous switching model. Dynamic adjustment means that it take time for prices to adjust to changes in the market. Price transmission is asymmetric if the speed...
Persistent link: https://www.econbiz.de/10009020821
First developed meat import demand system, disaggegating poultry meat into two products, cooked poultry (safe)and uncooked poultry meat (less safe). The model includes, beef, pork, and other meats as well.
Persistent link: https://www.econbiz.de/10009021559
A modified Central Bureau of Statistics (CBS) differential model was used to provide the first estimate of South Africa’s meat import demand system. In addition to price and scale the model also included a trend and trend-squared term to measure changes in technology and/or consumer demands...
Persistent link: https://www.econbiz.de/10011070123