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| French, Ben C.; King, Gordon A.. |
| This study formulates and estimates a six-equation model for canned cling peaches and fruit cocktail in which processors are viewed as price setters, with qualities not sold at the set price carried over to the next year. The system consists of two price-markup equations, two quantity-dependent demand equations and two inventory change identities. The three-stage least squares estimation results tend to support the behavioral hypotheses. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1986 |
URL: http://purl.umn.edu/32541 |
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| George, P.S.; King, Gordon A.. |
| This study analyzes the demand for food commodities in the United States in the postwar period using both time-series and cross-section data. Income-consumption relationships are based on data from 1955 and 1965 USDA household food consumption surveys. The analysis co cross section data emphasized: (1) effects of grouping observations, (2) choice between expenditures are quantities as the dependent variable, (3) effects of household size on income-consumption relationships, (4) shifts in the regression coefficients (intercepts and income elasticities) between 1955 and 1965, and (5) regional variations in the income-consumption relationships. A demand interrelationship matrix was developed for 49 commodities or commodity groups at the retail level.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis; Institutional and Behavioral Economics. |
| Ano: 1971 |
URL: http://purl.umn.edu/11936 |
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| Blanciforti, Laura Ann; Green, Richard D.; King, Gordon A.. |
| This study analyzes U.S. consumer budget allocations among 11 aggregate commodity groups for the period 1948-78. Also budget allocations among four food groups are analyzed for this same period. Several alternative model specifications are analyzed. Emphasis is given to the Deaton-Muellbauer (1980a) "almost ideal demand system." A dynamic version of their model is developed and quantified. Comparison of the static and dynamic formulations are compared with similar specifications for the "linear expenditure system." The predictive performance of these four models for the 11 commodity groups is tested for the sample period (1948-78) and for the years 1979-81. The purpose of this study was to develop improved methods for analyzing demand relationships for... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis; Institutional and Behavioral Economics. |
| Ano: 1986 |
URL: http://purl.umn.edu/11939 |
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