We estimated a wholesale demand system for beef, pork, lamb, chicken, and turkey using quarterly U.S. data and a dynamic, CBS system (Keller and Van Driel). The CBS system is a differential system, which means that it might be more appropriately applied in those situations where the data have...

In this study we estimated the price elasticities among meats, vegetables, grains, and potatoes and the impact that different levels of income have on the demand for these commodities. The 2005 Nielsen retail home scan data were used to construct a censored demand system of 14 equations. Results...

Economists often use aggregate time series data to estimate consumer demand functions. Some of the popular applied demand systems have a PIGLOG form. In the most general PIGLOG cases the “average” demand for a good is a function of the representative consumer expenditure not the average...

Estimates of price and scale demand elasticities for lamb and mutton consumed in the United States are derived. The U.S. lamb and mutton consumption comprises primarily of domestic production, and imports from two countries-Australia and New Zealand. The Netherlands Central Bureau of Statistics...

We estimated a wholesale demand system for beef, pork, lamb, chicken, and turkey using quarterly U.S. data and a dynamic, CBS system (Keller and Van Driel). The CBS system is a differential system, which means that it might be more appropriately applied in those situations where the data have...

The IFAMR is published quarterly by the International Food and Agribusiness Management Association. For complete library visit: www.ifama.org

Due to a depressed wool industry sheep inventories have been declining resulting in significant increases in lamb and mutton imports. Goals of this paper are to estimate the derived demand and output supply for U.S. lamb imports, estimate demand elasticities, and to determine the impact of TRQ...

Household at-home consumption of different types and cuts of meat and fish products is investigated by estimating a large censored demand system with a two-step procedure using ACNielsen's Homescan data. We find different price and expenditure elasticities between low-income and high-income...

The paper demonstrates that random coefficient models can be estimated by maximum likelihood if they are specified as generalized least squares models. The paper uses maximum likelihood estimation on a random-coefficient, meat-demand system. Statistical tests show that price elasticities are...

Beef and pork prices at farm, wholesale and retail are examined for evidence of a dynamic and asymmetric price transmission using an endogenous switching model. Dynamic adjustment means that it take time for prices to adjust to changes in the market. Price transmission is asymmetric if the speed...