Okrent, Abigail M.; MacEwan, Joanna P. - In: Agricultural and Resource Economics Review 43 (2014) 1
We estimate a demand system for ten nonalcoholic beverages to disentangle effects of prices, expenditures, advertising … and advertising expenditures largely explained declining demand for milk, regular carbonated soft drinks, and coffee and …, and demographics on demand for nonalcoholic beverages for 1999 through 2010. We find that changes in demographic …