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| Registros recuperados: 12 | |
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| Piggott, Nicholas E.. |
| We investigate how to theoretically and empirically incorporate demographic translating in consumer distance functions. Consumer distance functions yield inverse demand systems that are of interest when attempting to better understand questions of price formation. Translating procedures are important when incorporating pre-committed quantities, pre-allocated factors, or demographic variables (e.g., advertising, health or food safety information) in the inverse demand system. Examples are included for illustrative purposes. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics. |
| Ano: 2006 |
URL: http://purl.umn.edu/25252 |
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| Piggott, Nicholas E.; Taylor, Mykel R.; Kuchler, Fred. |
| The potential impacts of a food safety event on consumer demand for meat is of significant concern to producers, packers, processors, retail businesses, and the USDA. This study investigates whether publicized food safety information from the printed media on beef, pork, and poultry, impacts the demand for these commodities. A four commodity complete demand system is employed using monthly household level data on meat purchases collected by the Nielsen Company, with separate food safety indices incorporated for beef, pork, and poultry. Results from the analysis indicate that consumers purchase relatively high levels of pre-committed quantities of pork, chicken, and turkey, while beef consumption appears to be primarily from supernumerary expenditures.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety. |
| Ano: 2007 |
URL: http://purl.umn.edu/9752 |
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| Beach, Robert H.; Murray, Brian C.; Piggott, Nicholas E.; Wohlgenant, Michael K.. |
| Many agricultural commodities have industry-funded generic promotion and/or research ("checkoff") programs designed to improve the economic performance of producers. To determine the effectiveness of these programs, the net benefits to producers attributable to activities funded by the checkoff must be separated from those due to other factors influencing commodity markets. One such factor that is very important in many agricultural commodity markets is the effect of government programs. However, studies evaluating the returns to checkoff programs often do not explicitly discuss the impact of pre-existing distortions caused by federal farm programs. Because the distortions caused by farm programs can be quite large, this omission can lead to... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries. |
| Ano: 2002 |
URL: http://purl.umn.edu/19803 |
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| Piggott, Nicholas E.; Zhen, Chen; Beach, Robert H.; Wolhlgenant, Michael K.. |
| We examine the effects of domestic advertising and promotion expenditures on meat demand, extending previous efforts in several areas, including the use of more recent data, employing a complete demand system and simultaneously measuring the impacts of generic pork and beef advertising and food safety information on the demand for beef, pork, and poultry. Using the Generalized Almost Ideal Demand System (GAIDS), own- and cross- beef and pork advertising and own- and cross- beef, pork, and poultry food safety effects are measured jointly and consistently. To allow for a more complex dynamic response of advertising and food safety effects, the flexible distributed lag technique of Mitchell and Speaker (1986) is employed. The coefficients on pork advertising... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food safety; Generalized Almost Ideal Demand System; Generic advertising; Meat demand; Polynomial inverse lag; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety. |
| Ano: 2007 |
URL: http://purl.umn.edu/9235 |
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| Piggott, Nicholas E.; Wohlgenant, Michael K.. |
| This paper extends the basic results of Houck’s insight for derived demand elasticities for the case of joint products by allowing for the possibility of the joint and raw products being traded. Theoretical relationships between individual demands for a set of jointly-produced commodities that are traded and composite demand for the raw product from which the joint products originate are derived. It is shown that while the derived price elasticity of domestic demand retains the same form as Houck’s original formula, the relevant price elasticities of demand to include in the formula are elasticities of total demand instead of domestic demand elasticities. Using the USA soybean industry as an example, this generalised formula that takes into account trade... |
| Tipo: Article |
Palavras-chave: Demand and Price Analysis; International Relations/Trade. |
| Ano: 2002 |
URL: http://purl.umn.edu/118592 |
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| Piggott, Nicholas E.; Wright, Vic. |
| The presence or absence of structural change in meat demand is critical to marketing decision making. If change is present, marketing bodies need to know what underlies the change so that the most appropriate response can be identified. Marketing theory is considered as a possible source of more explicit models of demand which may lead to a better understanding of consumption patterns and structural change. |
| Tipo: Journal Article |
Palavras-chave: Marketing. |
| Ano: 1992 |
URL: http://purl.umn.edu/22388 |
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| Registros recuperados: 12 | |
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