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THE DEMAND FOR BEEF PRODUCTS: CROSS-SECTION ESTIMATION OF DEMOGRAPHIC AND ECONOMIC EFFECTS AgEcon
Heien, Dale; Pompelli, Greg.
This paper presents estimates of the economic and demographic effects on the demand for steak, roast, and ground beef. Using an almost ideal demand system, the results indicate that demand is inelastic for steak and ground beef, elastic for roast, cross-price effects are significant, and all goods are Hicks-Allen substitutes. The impact of certain demographic effects, such as household size, region, tenancy, and ethnic origin, was generally quite significant. Other demographic variables, such as employment status, shopper, and occupation, were generally not significant.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Livestock Production/Industries.
Ano: 1988 URL: http://purl.umn.edu/32155
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THE DEMAND FOR FARM OUTPUT AgEcon
Dunn, James E.; Heien, Dale.
This paper treats the demand for farm output as part of an interrelated factor demand system. The farm level outputs are meat, poultry, dairy, fruits and vegetables and other food. The processing and distribution inputs are labor, packaging, transportation and all other. Input demands are modeled using a restricted translog cost function which is conditional on capital stock in the processing sector. The results show that: each category of farm output demand is inelastic; capital stock is an important determinant of the demand for farm output; there is no substitution among various farm outputs and little substitution between outputs and other inputs; there is moderate substitution among the nonfarm inputs; and, increases in nonfarm input cost have...
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1985 URL: http://purl.umn.edu/32517
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CONSUMER WELFARE MEASURES: SOME COMPARATIVE RESULTS AgEcon
Heien, Dale.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 1988 URL: http://purl.umn.edu/28841
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THE STRUCTURE OF INTERNATIONAL DEMAND FOR SOYBEAN PRODUCTS AgEcon
Heien, Dale; Pick, Daniel H..
This study used a new body of quarterly data to estimate multilateral import demand relations for soybeans and soymeal. The countries of origin were the United States, Brazil, and Argentina. The areas of destination were the EEC, Japan, and Eastern Europe. The results indicated that own- and cross-price elasticities were quite large. These demand relations were then inverted and solved for prices to examine the effect on total revenue of increases in supplies from each of the exporting countries. Results showed that, in all cases except one, own-total revenue was inflexible with respect to increase in the own-quantity supplied. These results imply that an increase in exports will be associated with smaller proportional increase in revenue from exports.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1991 URL: http://purl.umn.edu/30291
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