Mazzocchi, Mario; Monache, Davide Delle; Lobb, Alexandra - In: Applied Economics 38 (2006) 14, pp. 1677-1688
This paper exploits a structural time series approach to model the time pattern of multiple and resurgent food scares and their direct and cross-product impacts on consumer response. A structural time series Almost Ideal Demand System (STS-AIDS) is embedded in a vector error correction framework...