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The objective of the study is to estimate demand for wine in Australia, based on both the systems approach and the single equation approach. Both approaches consider demand for three categories of alcoholic drinks (beer, wine and spirits) in a seemingly unrelated regression framework to take...
Persistent link: https://www.econbiz.de/10005476549
The demand for wine is generally estimated on an aggregate level as a single commodity. However, as recent history shows us, the demand for wine not only varies considerably by varietal, but also by price point within each varietal. As a result, although estimates of the demand for wine may be...
Persistent link: https://www.econbiz.de/10005481008
This study is based on micro level data on urban household food consumption and expenditure collected between 1999 and 2000 in three Nigerian cities. The LA/AIDS model, which allows the inclusion of demographic variables, was applied to a subset of the data on meat and meat products namely beef,...
Persistent link: https://www.econbiz.de/10008491779
In this paper we analyse wine demand in Italy using microdata. Instead of estimating a traditional parametric model (like AIDS) we employed artificial neural networks (ANN) and evaluate the elasticities using two different methods, specific for the non parametric framework. We compared the...
Persistent link: https://www.econbiz.de/10004979638
This book was originally published by Westview Press, Boulder CO, 1995.
Persistent link: https://www.econbiz.de/10004992118
Changing consumer and market demands is an important driver behind the challenges and opportunities that are facing the agriculture and agri-food sector in Canada and that will influence the sector's profitability and competitiveness in the future. It is therefore important to understand...
Persistent link: https://www.econbiz.de/10005068513
Several reasons justify the expectation of increasingly price elastic demand for dairy products. Using weekly scanner data, we find support for this hypotheses, but with wide variation in elasticity estimates across model specifications. The results demonstrate the need for more routine...
Persistent link: https://www.econbiz.de/10005220797
Factors unique to the turkey industry suggest that conclusions concerning market structure and demand specification drawn from aggregate poultry data cannot necessarily be extrapolated to the turkey industry. The Wu-Hausman endogeneity test is used to examine demand specifications and industry...
Persistent link: https://www.econbiz.de/10005320815
Complete and consistent, i.e. theoretically appropriate demand systems have seldom been developed for Germany. Econometric food demand analyses have concentrated on single products and product groups. Generally, demand functions have been estimated using single equation methods. The purpose of...
Persistent link: https://www.econbiz.de/10008802765
In this paper a method to examine how households make their food choice considering micronutrients through utility theory is applied. The findings support the argument that nutrients play an important roles in the demand for food. The method is illustrated using the raw data EIH 2000/2001...
Persistent link: https://www.econbiz.de/10009020972