Data/hora: 01/06/2024 18:02:31

Provedor de dados: | 31
País: | United States
Título: | EMPIRICAL TESTS OF THE ARGUMENT THAT CONSUMERS VALUE STABLE RETAIL MILK PRICES
Autores: | Maynard,   Leigh J.
Data: | 2005-09-15
Ano: | 2000
Palavras-chave: | Dairy compacts; Dairy demand; Price instability; Scanner data; Demand and Price Analysis.
Resumo: | Existing policy allows interstate dairy compacts if they serve a compelling public interest. Compact supporters argue consumers benefit from retail price stability, but no supporting evidence was found. Milk demand systems were estimated using scanner data and four measures of price volatility. Price volatility defined as forecast errors influenced demand, but did not systematically depress demand.  Response was more elastic to unanticipated than anticipated price changes, possibly explaining the higher elasticities often observed in scanner data studies.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

17559

http://purl.umn.edu/14661

Editor: | AgEcon Search
Relação: | Journal of Agribusiness&gt;Volume 18, Number 2, Spring 2000

Formato:

18

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