Given a relative lack of knowledge about Japanese consumer preferences for fish, Japanese fish demand is modeled using both Marshallian (ordinary) and inverse demand systems, each of which nests a number of competing specifications. Results indicate that the inverse demand systems dominate the...

The United States is the largest single exporter of seafood, beef, and beef products to Japan, and was the third largest source for pork in 1992. A better understanding of Japanese demand for meat and seafood is important in two regards. First, Japan is generally viewed as a tough market to...

Demand systems estimation increasingly makes use of household-level microdata, mainly to measure the effects of demographic variables. Data based on these household-expenditure surveys present a major estimation problem. For any given houshold, many of the goods have zero consumption, implying a...

Freshwater aquaculture is an important and promising sector of the economy of Tripura State. The biophysical potential for growth in freshwater aquaculture in the state is still far from exhaustion and a faster development is required to meet the growth in demand for fish. This paper has...

One of the greatest compliments that can be paid to a research effort is an attempt to refute its findings that instead replicates those findings. That is the present case. Commenting on Carpenter and Chester (1984), Peterson (1985) states, "The authors conclude that conservation credits have...

Numerous studies have confirmed the importance of habit formation, as represented by a lagged dependent variable, in demand analysis. Although all work to date has been based on aggregate time series data, this study uses household level BLS Interview Panel data to test the habit hypothesis. An...

Consumer tests are utilized by medium and large food companies to evaluate new products or test new product formulations on potential buyers. The typical objective is to examine various sensory attributes for liking and to examine whether adjustable product attributes such as saltiness,...

The obesity epidemic in the US and elsewhere has re-doubled efforts to understand determinants of the quality of consumers' diets. Part of the discussion has centered on the potential of 'fat taxes' and/or the subsidization of the purchase of fresh fruits and vegetables to coax consumers to...