Showing 1 - 7 of 7
The Box-Cox transformation (BCT) has been frequently used as both a flexible functional form and as a decision device to distinguish among alternative model specifications. Most researchers have failed to recognize that the BCT when applied to the dependent variable can compensate for...
Persistent link: https://www.econbiz.de/10005480901
This article examines the effects of different income and food spending adult equivalence scales on estimated expenditure elasticities, on the demographic characteristics of the rich and poor, and on the percentage of household income spent on food by various income quintiles. Empirical results...
Persistent link: https://www.econbiz.de/10005480996
This paper introduces a new method for defining poverty lines based on an individual' s self-evaluation of the household's present situation. The proposed method focuses on the minimum household income necessary to purchase food supplies evaluated by society to be barely adequate. The method is...
Persistent link: https://www.econbiz.de/10005804203
This paper analyzed, via a multinomial logit model, the associations between household socioeconomic characteristics and the reasons eligible households give for not entering the Food Stamp Program. Data were taken from the 1979-80 Low Income Supplemental Sample of the USDA Nationwide Food...
Persistent link: https://www.econbiz.de/10005804216
This paper analyzes the influence of error-term specification and functional form on a quarterly demand model for beef. The Box-Cox transformation is used to generalize the functional form while the equation error term is postulated to be both heteroskedastic and autoregressive. Results...
Persistent link: https://www.econbiz.de/10005327807
A two equation model is developed to examine jointly the determinants of household food stamp program participation and program effects on food expenditures. The model is unique in that it postulates that the participation decision is based on a cost-benefit ratio, selected socioeconomic...
Persistent link: https://www.econbiz.de/10005327821
Previous research indicates that policy perceptions are important in explaining individual preferences for government expenditures. In this article we study agricultural policy preferences using national survey data containing several policy perception measurements. A model linking preferences...
Persistent link: https://www.econbiz.de/10005804234