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This study analyzes the demands for organic and conventional milk at both brand level and commodity level adopting the multi-stage demand approach. The study also measures the consumer benefits from organic milk introduction and finds the welfare effect significant.
Persistent link: https://www.econbiz.de/10009020743
This study analyzes the factors that determine the demand for milk products and the consumer benefits from organic milk introduction. Estimating a structural model, the welfare effect is decomposed into two parts: the effect of having an additional product and the effect from the price changes...
Persistent link: https://www.econbiz.de/10009020970
This paper studies the demand of domestic and imported livestock by the U.S. meat processing industry. Two types of meats are analyzed: slaughter cattle and hogs. Static and dynamic inverse input demand models are estimated. The static inversed input demand model performed better than the...
Persistent link: https://www.econbiz.de/10005525177
We take a structural approach to examine the effects of larger container size on consumption of carbonated soft drinks---using Nielsen Company's Homescan data on household purchases for the years 2004 through 2006. Our results show that by removing the price discount implicit in packages with...
Persistent link: https://www.econbiz.de/10005483407
Based on Diewert's idea that models under competition can be generalized to imperfect competition using marginal prices, we develop a test for imperfect competition in the beef packing industry. Our model is more general and flexible than those depending on empricial estimates of the input...
Persistent link: https://www.econbiz.de/10005536461
A consumer life-cycle demand system is built to investigate the presence of rational habits and the effects of food safety information on U.S. meat consumption. Information extracted from the popular press coverage of food safety events is used to approximate consumers' "true" perception of food...
Persistent link: https://www.econbiz.de/10005330132
A previous study showed that imposing economic restrictions improves the forecasting ability of food demand systems, thus warranting their use even when rejected in-sample. This study attempts to determine whether this is due solely to the fact that restrictions improve degrees of freedom....
Persistent link: https://www.econbiz.de/10005330724
The impacts of advertising and the role of dairy cooperatives in marketing are considered. Irreversibility in Advertising-Demand Response Functions: An Application to Milk Philip Vande Kamp and Harry Kaiser, Cornell University Advertising. Structural Change, and US Non-Alcoholic Beverage Demand...
Persistent link: https://www.econbiz.de/10005338811
Implementation of the Pathogen Reduction and Hazard Analysis and Critical Control Points (PR/HACCP) regulations has now occurred across all U.S. meat and poultry plants. Using databases of plants under federal inspection, we estimate a probit model to determine which factors have affected the...
Persistent link: https://www.econbiz.de/10005503599
This paper develops a fully structural econometric consumer demand model for goods which have time and monetary costs, and where time spent obtaining the goods also enters into the utility function. The model is used to analyze customers' decision to buy pick-your-own versus pre-harvested fruit...
Persistent link: https://www.econbiz.de/10005060338