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Registros recuperados: 24 | |
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Durham, Catherine A.; Eales, James S.. |
The obesity epidemic in the US and elsewhere has re-doubled efforts to understand determinants of the quality of consumers' diets. Part of the discussion has centered on the potential of "fat taxes" and/or the subsidization of the purchase of fresh fruits and vegetables to coax consumers to better diets. Whether this discussion has merit or not, fundamental to the debate are the demand elasticities of the commodities involved. This study employs weekly data from several retail stores on fruit prices and sales to estimate elasticities of individual fruits. Estimates show consumers are more responsive to price than has been found previously. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics. |
Ano: 2006 |
URL: http://purl.umn.edu/21099 |
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Eales, James S.. |
Variability in published meat demand elasticity estimates for Canada motivates examining the importance of dynamics and endogeneity of right-hand-side variables. Wickens and Breusch suggest a re-parameterization of dynamics which allows estimating the long-run parameters directly and maintains linearity. A symmetric approach, employing both ordinary and inverse demand systems, to endogeneity of right-hand-side variables is used. Endogeneity of both prices and quantities is examined. Results show both dynamics and endogeneity are important in quarterly Canadian meat demand. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1996 |
URL: http://purl.umn.edu/31021 |
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Jekanowski, Mark D.; Binkley, James K.; Eales, James S.. |
This study explores the growth in demand for fast food. A distinguishing characteristic of fast food is its convenience; in today's pervasive marketplace, consumers need not travel far to find a fast food outlet. This greater availability translates into a decrease in the full price of obtaining a meal, which contributes to greater consumption. Market-level data are used to estimate demand equations in two time periods, incorporating changes in availability as well as prices, income, and various demographic characteristics. Our findings show that greater availability has led to increased consumption. Failure to account for these types of marketplace changes could lead to incorrect inferences regarding the factors responsible for the industry growth. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 2001 |
URL: http://purl.umn.edu/31162 |
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Binkley, James K.; Eales, James S.. |
We constructed demographic profiles of each market area by aggregating circa-1990 county US census data. We constructed a measure for market level food stamp benefits using 1990 county-level food stamp benefit data supplied by the USDA. This is the key explanatory variable in regressions in which sales of many specific foods and food aggregates are regressed on food stamp benefits and a large number of demographics, including a measure of poverty. The percent of grocery sales accounted for by food stamps ranged from less than two in the Boston area to more than ten in Shreveport. The primary interest is to evaluate the extent to which differences in food stamp usage across market areas alters the relative sales of grocery products. Because food... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
Ano: 2002 |
URL: http://purl.umn.edu/19690 |
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Eales, James S.. |
A new model of consumer preferences is introduced. It is appropriate for modeling perishable commodities which are produced with a lag, where it is reasonable to assume the market-level quantities are fixed by previously made production decisions. The inverse Lewbel system, as it is called, is a flexible nonlinear system of share equations, which nests two other inverse demand systems, the direct translog and the inverse AIDS. Thus, the inverse Lewbel may be employed to test whether these more restrictive preference structures are appropriate. In an application to quarterly U.S. meat consumption, the more restrictive structures are rejected. |
Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
Ano: 1994 |
URL: http://purl.umn.edu/31227 |
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Eales, James S.; Roheim, Cathy A.. |
The separability of meat products from fish products is investigated to gain a better understanding of Japanese consumer choices in protein demand. Rather than view fish as a single homogeneous commodity, fish and seafood are categorized into several groups of products. Separability is investigated using a demand system approach in which a generalized system of demand equations is specified and used, first to identify if any of the alternative demand structures nested within the general system are appropriate for these data, and then, conditional on those results, to test separability of meats from fish products following Moschini, Moro, and Green. Results indicate that meats and fish were separable prior to 1990; however, when examined over the entire... |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1999 |
URL: http://purl.umn.edu/30873 |
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Cranfield, John A.L.; Hertel, Thomas W.; Eales, James S.; Preckel, Paul V.. |
A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and food product demand in 2020 assuming per capita expenditure and population changes. Results suggest that while food expenditure is projected to grow, it accounts for a smaller proportion of total expenditure. Further analysis indicates change in the composition of food demand away from a grain and towards livestock is projected to occur in lower income countries in 2020. |
Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis. |
Ano: 1998 |
URL: http://purl.umn.edu/28673 |
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Thompson, Sarahelen R.; Eales, James S.; Seibold, David. |
The objectives of this study were to: (a) quantify differences in liquidity costs between Kansas City and Chicago wheat futures contracts, and (b) identify the factors which influence liquidity in these two markets. Regression results suggest that there are significant differences in liquidity costs between Chicago and Kansas City which are in part due to the lower trading volume at Kansas City. However, there appears to be a significantly higher cost of doing business at Kansas City which is independent of trading volume. The implications of these findings to traders is that transacting is more expensive in Kansas City than in Chicago. |
Tipo: Journal Article |
Palavras-chave: Marketing. |
Ano: 1993 |
URL: http://purl.umn.edu/30965 |
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Montealegre, Fernando; Thompson, Sarahelen R.; Eales, James S.. |
E-commerce's value creation in agricultural and food markets will only occur to the extent that e-commerce firms exist throughout the supply chain. The problem is that e-commerce firms throughout the agricultural and food supply chain have faced a serious challenge in staying in business. Many have been forced to exit the market, and only a few have survived to develop into functional web-based businesses. The objective of this research study is to identify characteristics that are associated with successful e-commerce firms throughout the agricultural and food supply chain. Relevant e-commerce and agricultural e-commerce literature suggests several characteristics that influence the success for agricultural and food e-commerce firms. A limited-dependent... |
Tipo: Journal Article |
Palavras-chave: E-commerce; Food chains; Survival probability; Logistical regression; Agribusiness. |
Ano: 2007 |
URL: http://purl.umn.edu/8168 |
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Binkley, James K.; Canning, Patrick N.; Dooley, Ryan; Eales, James S.. |
This paper examines how consolidation in the marketing system affects prices for orange juice. We isolated the pricing behavior of brand marketers, wholesalers, and retailers by observing the retail prices for specific orange juice products, including leading national brands and private label brands, in 54 U.S. markets over a 1-year period. The data provided little compelling evidence that consolidated markets engaged in non-competitive pricing behavior. Increased brand competition, particularly between private labels and leading national brands, did, however, appear to lower average market prices. |
Tipo: Report |
Palavras-chave: Consumer demographics; National brands; Orange juice; Price behavior; Private labels; Wholesaler concentration; Retailer concentration; Demand and Price Analysis; Industrial Organization. |
Ano: 2002 |
URL: http://purl.umn.edu/33659 |
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Yu, Wusheng; Hertel, Thomas W.; Preckel, Paul V.; Eales, James S.. |
Computable General Equilibrium (CGE) models are increasingly being used to project world food markets in order to support forward-looking policy analysis. Such projections hinge critically on the underlying functional form for representing consumer demand. Simple functional forms can lead to unrealistic projections by failing to capture changes in income elasticities of demand. We adopt as our benchmark the recently introduced AIDADS demand system and compare it with several alternative demand systems currently in widespread use in CGE models. This comparison is conducted in the context of projections for disaggregated global food demand using a global CGE model. We find that AIDADS represents a substantial improvement, particularly for the rapidly growing... |
Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety. |
Ano: 2003 |
URL: http://purl.umn.edu/28702 |
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Lee, John G.; Paarlberg, Philip L.; Eales, James S.. |
The United States imposed a tariff-rate quota (TRQ) on lamb meat in July 1999. Early analysis suggested the possibility that lamb growers could lose welfare via the creation of packer market power. This paper considers how subsequent events modify that analysis. Observed prices suggest reduced pass-through. Lamb prices are unchanged and more stable. Using an annual quota instead of a quarterly quota reduces the opportunity for market conduct switching. Early termination of the TRQ to comply with the WTO rulings magnifies any welfare loss. Assistance payments prevent welfare losses to growers with little impact on the market. |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade; Livestock Production/Industries. |
Ano: 2001 |
URL: http://purl.umn.edu/36076 |
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Registros recuperados: 24 | |
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