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The Rotterdam model is used to obtain estimates of demand parameters for meat products in Taiwan, South Korea, and Japan. Unlike most previous studies of demand systems, the model takes into account simultaneous-equation bias which arises due to the endogeneity of total expenditure. Beef, pork,...
Persistent link: https://www.econbiz.de/10005805431
To date, mixed demand systems have been all but ignored in empirical work. A possible reason for the scarcity of such applications is that one needs to know a priori which prices and quantities are endogenous in the mixed demand system. By using a directed acyclical graph (DAG), causal...
Persistent link: https://www.econbiz.de/10005806749
This study develops a procedure to estimate income distribution effects on market demand. The proposed procedure contains two steps: estimation of the underlying income distribution and estimation of market demand. Empirical findings show that the income distribution effect is a significant...
Persistent link: https://www.econbiz.de/10005807296
The demand for functional foods has increased notably in recent years due to growing consumer interest in diet and health issues. Currently, the food industry is introducing many types of new food products with functional attributes. Consequently, cannibalization is a critical issue for firms...
Persistent link: https://www.econbiz.de/10008546853
In this study we modeled demand interrelationships of at-home nonalcoholic beverage consumption in the United States using a unique data set developed using Nielsen HomeScan panel data of household purchases of nonalcoholic beverages over the period January 1998 through December 2003. We used 72...
Persistent link: https://www.econbiz.de/10005012667
It is generally observed that whenever there are cases of disease outbreaks or food recalls, there is a concomitant decline in commodity prices. However, it is still not clear what happens to price spreads among affected agents in the marketing chain. To shed light on this issue, we estimate the...
Persistent link: https://www.econbiz.de/10005012687
This study examines the impact of consumers'Â’ use of food labels on selected nutrient intakes of Americans. Endogenous switching regression techniques are employed to control for heterogeneity in the label use decision. When the nutrient intakes of label users and the expected nutrient...
Persistent link: https://www.econbiz.de/10005064516
Monthly, quarterly, and annual cross-sectional and time-series data for the period 1982-85 were analyzed to identify factors affecting terminal market price for four types of fresh potatoes. Results indicated that state of origin, terminal market package type, and season of marketing were...
Persistent link: https://www.econbiz.de/10005041691
The implementation of the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) has expanded trade opportunities for U.S. agricultural producers. U.S. beef is an important product affected by the agreement, and the United States Meat Export Federation (USMEF) invested in a new...
Persistent link: https://www.econbiz.de/10005039315
Persistent link: https://www.econbiz.de/10005454250