This study revisits the consistent aggregation (over households) property of almost ideal demand system (AIDS) models and presents a method to explicitly account for expenditure aggregation bias when estimating the aggregate AIDS model with time-series data. Ignoring aggregation bias can lead to...

The effects of product and economic characteristics on consumers who purchase six cuts of fresh beef (blocks/parts, steak, thinly sliced, diced, chopped, and ground) in urban areas of the United States, Japan, and Australia will be examined in this paper. Certain product characteristics (such as...

This study revisits the consistent aggregation (over households) property of almost ideal demand system (AIDS) models and presents a method to explicitly account for expenditure aggregation bias when estimating the aggregate AIDS model with time-series data. Ignoring aggregation bias can lead to...

Understanding the implicit valuations of beef characteristics in the Japanese market has important policy implications for the U.S. beef industry. Hedonic price analysis was used to estimate beef characteristics values in Japan. Japanese Wagyu beef auction data were used in the analysis. © 1995...

An analytical framework to assess the effects of changing income and socio-demographic distributions on aggregate food demand functions in transitional economies is presented. Ignoring such distributional effects can lead to biased estimates of aggregate demand elasticities. The proposed method...

Import demand for US frozen potatoes is estimated for Japan, Mexico, Philippines, and Thailand. Each country represents a different tier of import volume and market development (Japan-largest, most developed; Thailand-smallest, least developed). Import demand in Japan is primarily influenced by...

Recent work indicates that the joint effects of intermediate input and final output tariff reforms on equilibrium in the differentiated final products sector are analytically ambiguous. This issue is addressed empirically for disaggregate, imperfectly competitive U.S. food manufacturing...