This paper estimates conditional and unconditional demand elasticities in a three stage analysis of consumer demand for food and non-food items in Greece. A dynamic version of the AIDS model is specified and estimated, and full system misspecification tests applied. Correction formulas for price...

The study of spatial price relationships helps to explain market performance and the degree of market integration. This paper provides an empirical analysis of the long- and short-run price linkages in the olive oil market of the Mediterranean using Time Series techniques. The empirical results...

This article contributes to the research agenda of accommodating psychological insights in conventional lab experiments. We specifically test whether inducing subjects into different mood states has a significant effect on subjects’ rationality (in the form of preference reversals) and on...

The complex and often conflicting policy objectives that CAP, either implicitly or explicitly, is designed to achieve as well as, due to trade-offs and compromises between stakeholders and between different stakeholders that inevitably arise when hard decisions must be made, make the adopted...

Greece is self-sufficient in crop production but it relies heavily on meat and dairy imports. The Greek balance of trade for agricultural products was steadily deficit due to the heavy imports of meat and dairy products. In this study the restricted source differentiated AIDS was employed in...

The consumption of wood and wood products in Greece is based greatly on imports necessitating every year a great proportion of public expenditures. The study of wood and wood product imports consequently, is important to the national economy and can be a useful guide for the forest farms, wood...

The hypothesis of structural change in Greek meat demand was tested in a four meat dynamic almost ideal demand system. A gradual structural change was found. The estimated path of structural change implies a gradual transition to a new regime in the beginning of the decade of 80's. The...

In this paper, we employ a method to examine the factors affecting quality choice by Greek households, using cross-sectional survey data. We illustrate the method using the raw data of the 2004/05 Household Budget Survey for meat and fish products. Quality elasticities of total food expenditure...