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For nearly two decades, the U.S. beef industry has faced a long term structural change, which has resulted in consumers shifting from beef to chicken. This shift has occurred due to consumer concerns on cholesterol consumption. More recently, this industry has confronted new challenges on the...
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This chapter reviews the specification and application of the Deaton and Muellbauer (1980) Almost Ideal Demand System (AIDS) and the Christensen, Jorgensen, and Lau (1975) tranlog (TL) demand system. In so doing we examine various refinements to these models, including ways of incorporating...
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This paper investigates the impacts of the BSE and Bird Flu on consumersf meat demand in Japan using the Almost Ideal demand system. BSE and Bird Flu scares bring about a fall in demand for beef and chicken respectively, and an upturn in demand for pork and fishery products, both of which are...
Persistent link: https://www.econbiz.de/10005773286
Using generalized Heckman's model and NPD data, this study specified a meat demand model incorporating health concern and demographics. Estimated model established empirical linkages between health concerns and meat consumption. Beef and pork were negatively linked to health concerns, whereas...
Persistent link: https://www.econbiz.de/10005806408
Understanding consumer response to food safety information is important for quantifying consumer response to food safety events, predicting market impacts, and developing appropriate risk communication strategies. In this study, we present a methodology for analysis of consumer response to media...
Persistent link: https://www.econbiz.de/10005807560
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
La creciente difusión de toda una serie de trabajos médicos que relacionan dieta y salud, bien sea a través de los medios de comunicación, bien a través de las visitas a médicos y especialistas en nutrición, está modificando las tendencias existentes en el consumo de determinados...
Persistent link: https://www.econbiz.de/10005075767