Co-integration and error-correction modelling of olive oil consumption in Greece
This paper provides an empirical analysis of olive oil consumption in Greece for the period 1969-1998 using co-integration analysis. The estimated long and short-run elasticities suggest that prices of olive oil and other seed oils are more significant determinants of olive oil consumption than disposable income.
Year of publication: |
2001
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Authors: | Tzouvelekas, Vangelis ; Loizou, Stratos ; Giannakas, Konstantinos ; Mattas, Konstantinos |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 8.2001, 8, p. 539-543
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Publisher: |
Taylor & Francis Journals |
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