This paper presents the regional electricity demand-forecasting model developed at the Oak Ridge National Laboratory. The model forecasts electricity demand and price by sector and by state. Econometric models are estimated for each of the nine census regions separately, using pooled time-series...

This paper draws on the theory of monopsony and oligopsony to develop an empirical test for the presence of the market power where an exogenous shock on the relevant market may be observed. An application of this test is demonstrated for the tomato processing industry, where the exogenous shock...

Replaced with revised version of paper 08/05/04.

Researchers believe that rice in developed countries such as Japan became an inferior good a few decades ago. This study employs the flexible complete demand system for the recent cross-sectional data in Japan. Our results clearly show that rice in Japan is a normal good contrary to the...

This book was originally published by Westview Press, Boulder CO, 1995.

A random utility approach is used to estimate logit equations which indicate what factors affect the likelihood of consumption of non-GM and GM foods, and, whether or not consumers are willing to pay a premium for non-GM/GM foods. Ceteris paribus as the price difference between non-GM and GM...

Surveys on consumer acceptance of GM foods revealed differences in knowledge, risk perception and acceptance of GM foods in Japan, Norway, Spain, Taiwan and the United States. There were opponents and proponents of GM foods. However, even in the United States, one of the most supportive...

This paper presents the results of experimental auctions of the orange juice processed with the pulsed electric field (PEF) technology. A series of experimental auctions are conducted to elicit consumers' willingness to pay (WTP) for the PEF orange juice along with WTP for three other types of...

This study estimates a cross-sectional model based on the Almost Ideal Demand System (AIDS) to examine the determinants of food consumption patterns in Japan over life-cycle periods. The test of structural changes, the analysis of the effects of demographic characteristics, and the estimation of...