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Registros recuperados: 31
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IMPACTS OF INCOME DISTRIBUTION ON MARKET DEMAND AgEcon
Dong, Diansheng; Capps, Oral, Jr..
This study develops a procedure to estimate income distribution effects on market demand. The proposed procedure contains two steps: estimation of the underlying income distribution and estimation of market demand. Empirical findings show that the income distribution effect is a significant factor in the demand for meat products.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/20996
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Estimation of a Censored AIDS Model: A Simulated Amemiya-Tobin Approach AgEcon
Dong, Diansheng; Kaiser, Harry M..
Kuhn-Tucker approach and its dual have been proposed to the demand system estimation when there are non-negativity bindings. However, empirical researchers have been struggling two decades in applying this method into practice due to: (1) the difficulty in derivation of a coherent econometric model, and (2) the cumbersome evaluation of high order probability integrals needed in parameter estimation. In this paper, we avoid the above two issues by using the Amemiya-Tobin demand system approach and the simulation procedure to evaluate the probability integrals. An AIDS model is estimated and the elasticities are obtained that are impossible to achieve when using Kuhn-Tucker approach. The model is applied to an analysis of Canadian household food demand.
Tipo: Technical Report Palavras-chave: Amemiya-Tobin; Censored demand system; AIDS model; Probability simulation; Canadian household food demand; Demand and Price Analysis; Research Methods/ Statistical Methods; C34; D12.
Ano: 2003 URL: http://purl.umn.edu/122113
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Optimal Media Allocation of Generic Fluid Milk Advertising Expenditures: The Case of New York State AgEcon
Dong, Diansheng; Schmit, Todd M.; Kaiser, Harry M..
A fixed-effects panel data demand model for five New York State markets is estimated to determine the differential impacts of generic fluid milk advertising by media type. Empirical results indicate that among the four media outlets, television advertising has the largest impact on per capita demand, followed by radio, outdoor, and print. Based on the estimated media-specific elasticities, media reallocation of advertising expenditures suggests that milk sales could increase significantly. The results indicate that cooperative media plan strategies developed between the New York regional advertising program and the national advertising programs would achieve the greatest benefits.
Tipo: Journal Article Palavras-chave: Generic advertising; Milk; Optimal media allocation; Panel data; Marketing.
Ano: 2007 URL: http://purl.umn.edu/44701
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THE STRUCTURE OF FOOD DEMAND IN MEXICO: AN APPLICATION OF THE AMEMIYA-TOBIN APPROACH TO THE ESTIMATION OF A CENSORED SYSTEM AgEcon
Dong, Diansheng; Gould, Brian W.; Kaiser, Harry M..
The use of household surveys for demand system estimation necessitates a recognition of purchase censoring that often arises within an analysis of a disaggregated set of commodities. We extend the Amemiya-Tobin demand system approach to an analysis of Mexican household food demand via the use of a LA/AIDS specification.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19830
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ECONOMIC INCENTIVES FOR DIETARY IMPROVEMENT AMONG FOOD STAMP RECIPIENTS AgEcon
Lin, Biing-Hwan; Yen, Steven T.; Dong, Diansheng; Smallwood, David M..
Most Americans need to consume more fruits, vegetables, and dairy products. This need is particularly acute among low-income individuals. The objective of this study is to examine the cost effectiveness of two economic policies that use alternative policy levers available within the Supplemental Nutrition Assistance Program (formerly Food Stamp Program) to increase consumption of these under-consumed foods. Data from three nationally representative surveys are used to estimate demand elasticities, marginal propensity to spend on food out of food stamp benefits, and consumption amount of and spending on under-consumed foods among food stamp recipients. Results of the analyses suggest that a 10% price subsidy would curtail consumption deficiencies by 4–7% at...
Tipo: Conference Paper or Presentation Palavras-chave: CEX; SNAP; Price subsidy; NHANES; NFSPS; Vegetables; Milk; Fruits; Food stamps; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; C34; D12; Q18.
Ano: 2009 URL: http://purl.umn.edu/53339
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Will Changing Demographics Affect U.S. Cheese Demand? AgEcon
Davis, Christopher G.; Blayney, Donald P.; Dong, Diansheng; Yen, Steven T.; Johnson, Rachel J..
U.S. cheese consumption has grown considerably over the last three decades. Using a censored demand model and Nielsen Homescan retail data, this study identifies price and non-price factors affecting the demand for differentiated cheese products. Own-price and expenditure elasticities for all of the cheese products are statistically significant and elastic. Results also reveal that a strong substitution relationship exists among all cheese products. Although demographic influences are generally smaller than those related to prices and expenditures, empirical findings show that household size, college educated female heads of household who are age 40 and older, residing in the South, Central, and Western regions of the United States, as well as Black heads...
Tipo: Journal Article Palavras-chave: Cheese form; Cheese purchase; Demand elasticities; Demographic and economic factors; Nielsen Homescan data; Food Consumption/Nutrition/Food Safety; Marketing; C25; D12; Q11.
Ano: 2011 URL: http://purl.umn.edu/104621
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Price Reductions Have Little Effect on Fruits and Vegetable Consumption by Low-Income Americans AgEcon
Dong, Diansheng; Lin, Biing-Hwan.
Tipo: Article Palavras-chave: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 2009 URL: http://purl.umn.edu/124213
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THE DECISION OF WHEN TO BUY A FREQUENTLY PURCHASED GOOD: A MULTI-PERIOD PROBIT MODEL AgEcon
Gould, Brian W.; Dong, Diansheng.
Increased availability of scanner-based panel data has enabled researchers to better understand nondurable commodity purchase dynamics. In this study, we focus on one component of the purchase process--when to buy. The relationship between the discrete purchase decision and a set of household and purchase characteristics is quantified using a simulated maximum-likelihood procedure. Given the longitudinal nature of our data, unobserved heterogeneity is addressed by adopting an auto-correlated error structure. Our empirical application is household purchases of cheese. We find evidence of significant persistent unobservable household heterogeneity, which is not eliminated by the inclusion of lagged exogenous variables.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/30884
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THE EFFECT OF GENERIC DAIRY ADVERTISING ON THE HOUSEHOLD DEMAND FOR MILK AND CHEESE AgEcon
Schmit, Todd M.; Chung, Chanjin; Dong, Diansheng; Kaiser, Harry M.; Gould, Brian W..
Consistent two-step censored estimation is applied to household demand equations for disaggregated milk and cheese products. The long-run advertising elasticity for total milk was positive, largely due to low fat milk; however the elasticity for cheese was not significant, and only shredded cheese had a positive, significant response.
Tipo: Conference Paper or Presentation Palavras-chave: Censored regression; Household demand; Generic advertising; Consumer/Household Economics; Demand and Price Analysis; Marketing.
Ano: 2000 URL: http://purl.umn.edu/21775
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Assessing U.S. Household Purchase Dynamics for Dietary Fiber AgEcon
Henry-Osorio, Miguel; Dong, Diansheng.
This study updates existing literature on consumer/household demand for fiber by examining household purchase dynamics for dietary fiber. It uses a dynamic Tobit model that allows past purchase occasions to affect current purchase decisions for fiber in a framework that captures simultaneously state dependence, unobserved households heterogeneity preferences, and serial correlation caused by a stationary first-order choice process. The model controls for the unobserved heterogeneity by adopting a Gaussian random effects specification. It also captures variations in prices over time and controls for left-censoring. The dynamic model is estimated using the Geweke-Hajivasssiliou-Keane recursive probability simulator and a unique dataset that contains detailed...
Tipo: Presentation Palavras-chave: Temporal dependence; Household choice dynamics; Habits; GHK recursive simulator; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; D10; Q11; C23; C61.
Ano: 2012 URL: http://purl.umn.edu/123954
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ESTIMATION OF CENSORED LA/AIDS MODEL WITH ENDOGENOUS UNIT VALUES AgEcon
Dong, Diansheng; Kaiser, Harry M.; Myrland, Oystein.
In this study, we develop and estimate a censored LA/AIDS model using household-level purchase data. In addition to imposing non-negativitity constraints, we account for the endogeneity of unit value. We address the non-negativity issue using an Amemiya-Tobin approach, which imposes the adding-up condition on both observed and latent shares. We address the endogeneity of unit value by estimating share equations and unit value equations simultaneously. Given the need to evaluate high-order probability integrals, we use a simulated probability method in the model estimation. This model is applied to estimate and analyze a demand system featuring six fish and three meat commodities, using Norwegian household data.
Tipo: Technical Report Palavras-chave: Demand and Price Analysis; Research Methods/ Statistical Methods; C34; D12..
Ano: 2003 URL: http://purl.umn.edu/122119
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Price and Quality Effects of Generic Advertising: The Case of Norwegian Salmon AgEcon
Myrland, Oystein; Dong, Diansheng; Kaiser, Harry M..
In this paper, a two-equation sample selection model is used to estimate a household demand function for salmon incorporating domestic generic advertising. The twoequation estimation procedure, based on purchase and unit value equations, allows us to handle heavily censored panel data for salmon purchases by Norwegian households and the quality effects simultaneously. Unit values of the aggregated salmon commodity calculated from the observed expenditures and quantities are hypothesized to represent the average quality of the purchased commodity. Advertising effects on both purchases and unit values are investigated. The model also allows us to separate the effects of conditional purchases and purchase probabilities. Results indicate that most (78%) of the...
Tipo: Technical Report Palavras-chave: Marketing.
Ano: 2003 URL: http://purl.umn.edu/122112
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Can Low-Income Americans Afford a Healthy Diet? AgEcon
Golan, Elise H.; Stewart, Hayden; Kuchler, Fred; Dong, Diansheng.
Low-income households that receive maximum food assistance benefits usually can afford a healthy diet; others may have more difficulty.
Tipo: Article Palavras-chave: Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 2008 URL: http://purl.umn.edu/122581
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A NOTE ON ELASTICITY ESTIMATION OF CENSORED DEMAND AgEcon
Dong, Diansheng; Kaiser, Harry M..
Tipo: Technical Report Palavras-chave: Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/122120
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Investigating Coupon Effects on Household Interpurchase Behavior for Cheese AgEcon
Dong, Diansheng; Kaiser, Harry M..
In this study, a market segmentation approach is developed and applied to analyze U.S. household cheese purchases. The segmentation is based on household interpurchase time or the hazard rate of purchases. The hazard rate for a household belonging to a given segment is a function of household demographic and marketing-mix variables, and its baseline is assumed to follow a Weibull distribution. The model is flexible and is able to yield increasing, decreasing, or constant hazard rate functions. Four segments have been discovered in the U.S. household cheese purchase market. Two of the segments contain about 40% of the cheese purchase households, which are frequent buyers with an average interpurchase time of 2 weeks. These frequent cheese purchase...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2006 URL: http://purl.umn.edu/21314
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Fruit and Vegetable Consumption by Low-Income Americans: Would a Price Reduction Make a Difference? AgEcon
Dong, Diansheng; Lin, Biing-Hwan.
Americans’ diets, particularly those of low-income households, fall short of Government recommendations in the quantity of fruits and vegetables consumed. Some proposals suggest that a price subsidy for those products would encourage low-income Americans to consume more of them. This study estimated that a 10-percent subsidy would encourage low-income Americans to increase their consumption of fruits by 2.1-5.2 percent and vegetables by 2.1-4.9 percent. The annual cost of such a subsidy for low-income Americans would be about $310 million for fruits and $270 million for vegetables. And most would still not meet Federal dietary recommendations.
Tipo: Report Palavras-chave: Price subsidy; Demand elasticity; Food consumption; Fruits and vegetables; Low income; Homescan Data; Supplemental Nutrition Assistance Program (SNAP); National Health and Nutrition Examination Survey (NHANES); And MyPyramid; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/55835
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Promoting Fruit and Vegetable Consumption: Are Coupons More Effective Than Pure Price Discounts? AgEcon
Dong, Diansheng; Leibtag, Ephraim S..
The U.S. Department of Agriculture administers food and nutrition assistance programs that promote fruit and vegetable consumption. But consumption remains relatively low among program recipients as well as among the general U.S. population. The perceived high cost of produce is often cited as a deterrent to more consumption. This study looks at coupons and price discounts, two methods of lowering the cost of fruits and vegetables, and uses household purchase data and a consumer demand model to examine each method. Coupons influence consumer behavior through a price-discount effect and an informational/advertising effect. Because of this dual effect, the use of a coupon to increase fruit and vegetable purchases may be more effective than a pure...
Tipo: Report Palavras-chave: Fruit and vegetable consumption; Coupons; Price discounts; Consumer demand; Dual effect of coupons; Informational advertising effects; Food Consumption/Nutrition/Food Safety.
Ano: 2010 URL: http://purl.umn.edu/94853
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Coupon Redemption and Its Effect on Household Cheese Purchases AgEcon
Dong, Diansheng; Kaiser, Harry M..
By endogenizing unit value and coupon redemption, we estimate U.S. household cheese purchase, quality choice, and coupon redemption equations simultaneously. Zero purchases and missing values are taken into account in the model to correct for the selectivity bias. The correlations among the three equations are found to be significant. Empirical findings show that high quality choice significantly decreases cheese purchases, while cheese coupon usage significantly increases purchases. We find that higher income households select higher quality cheese, while larger households choose lower quality cheese. Frequent coupon redeemers are found to purchase lower quality cheese. For coupon redemption, we find that African American households redeem less while...
Tipo: Technical Report Palavras-chave: Consumer/Household Economics; Marketing.
Ano: 2003 URL: http://purl.umn.edu/122111
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PRODUCT QUALITY AND THE DEMAND FOR FOOD: THE CASE OF URBAN CHINA AgEcon
Gould, Brian W.; Dong, Diansheng.
A Quadratic Almost Ideal Demand System is used to examine the structure of food demand for a sample of urban Chinese households. The dual choice of product quality and quantity is accounted for in the econometric model via the inclusion of simultaneously estimated unit-value equations.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/20010
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A DOUBLE-HURDLE MODEL OF FOOD DEMAND WITH ENDOGENOUS UNIT VALUES AgEcon
Dong, Diansheng; Gould, Brian W..
This study develops a unique double-hurdle model of demand for composite food commodities which endogenizes unit values. The model structure allows us to account for the inability to observe such values for non-purchasing households and simultaneously adjusts for quality demand effects reflected in these unit values. Application to Mexican household food expenditure data shows the importance of controlling for the quality of composite goods. We find that poultry and pork expenditures depend on both quantity demanded and quality desired.
Tipo: Conference Paper or Presentation Palavras-chave: Double-hurdle; Unit value; Household survey data; Composite commodity; Food demand; Quality effects; Consumer/Household Economics; Demand and Price Analysis.
Ano: 1999 URL: http://purl.umn.edu/21635
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