Showing 241 - 249 of 249
This study extends Barten's synthetic demand modeling approach to increase the flexibility of the uniform substitute specification of the Rotterdam demand system. Marginal propensities to consume (MPC) vary with budget shares and Slutsky coefficients are defined in terms of varying MPCs. An...
Persistent link: https://www.econbiz.de/10005469101
A structural probit model is estimated to determine the change in the probability of selecting a milk handler. Cooperatives are thought to have lower prices and higher deductions than independent milk handlers and these factors reduce the probability that a farmer will select a cooperative by...
Persistent link: https://www.econbiz.de/10005469145
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This study considers incorporating changes in technology in the differential input demand system through effects on output and input marginal products. The effects of technology on input demand are related to Slutsky coefficients and input shares of marginal cost. Technology effects on...
Persistent link: https://www.econbiz.de/10005469336
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Separate demand equations for national brand and private label frozen concentrated orange juice were estimated using a switching regression model. The results indicate that the demand for national brand frozen concentrated orange juice is more price responsive than the demand for private label...
Persistent link: https://www.econbiz.de/10005480888
This study examined the impacts of retail promotions on the demand for five brands of orange juices for a retail chain (referred to as Retailer X) and its competitors using the Rotterdam model. Results show that the combination of feature ads and displays had the largest impacts on retail...
Persistent link: https://www.econbiz.de/10005483455
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