FRAGILITY IN DAIRY PRODUCT DEMAND ANALYSIS

Several reasons justify the expectation of increasingly price elastic demand for dairy products. Using weekly scanner data, we find support for this hypotheses, but with wide variation in elasticity estimates across model specifications. The results demonstrate the need for more routine specification testing before basing recommendations on potentially fragile inferences.

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Year of publication:	1999
Authors:	Maynard, Leigh J. ; Liu, Deyu
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	dairy products \| demand analysis \| scanner data \| Demand and Price Analysis \| Livestock Production/Industries

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Extent:	application/pdf
Series:	1999 Annual meeting, August 8-11, Nashville, TN.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21679
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005220797