Structural Change via Threshold Effects: Estimating U.S. Meat Demand Using Smooth Transition Functions

Structural change remains a contentious issue in the literature. This study focuses on analyzing structural change in consumer demand for meats, which are modeled over the past half century. A standard inverse demand model is combined with a variant of the Smooth Transition Autoregressive (STAR) model. Results indicate that structural change has occurred and that con- sumers' preferences for meat are sensitive to in ation.

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Year of publication:	2012
Authors:	Rodriguez, Nestor ; Eales, James S.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Food demand \| Econometrics \| Meat demand \| Applied Microeconomics \| Time Series \| Agribusiness \| Consumer/Household Economics \| Demand and Price Analysis \| Research Methods/ Statistical Methods

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Extent:	application/pdf
Series:	2012 Annual Meeting, August 12-14, 2012, Seattle, Washington.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington Number 124366
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010916388