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Provedor de dados:  AgEcon
País:  United States
Título:  Food Safety and Spinach Demand: A Generalized Error Correction Model
Autores:  Arnade, Carlos Anthony
Kuchler, Fred
Calvin, Linda
Data:  2011-11-11
Ano:  2011
Palavras-chave:  Error correction model
Adjustment rates
AIDS demand model
Retail food demand
Demand and Price Analysis
Food Consumption/Nutrition/Food Safety
Health Economics and Policy
Resumo:  We estimate an error correction model representing demand for leafy green vegetables but generalize the structure to allow for adjustment to one conspicuous shock. We investigate whether the adjustment rate to the U.S. Food and Drug Administration’s (FDA) 2006 warning that fresh spinach was contaminated with deadly bacteria was distinct from the overall adjustment rate. Our model allows consumers to correct both for past errors and for any errors in their reaction to the shock. This method yields an estimate of the adjustment rate to the policy shock and points to an improved estimate of the duration of policy impacts.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/117775
Relação:  Agricultural and Resource Economics Review> Volume 40, Number 2, August 2011
Formato:  15
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