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Registros recuperados: 44
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Factors Influencing Consumer Likelihood of Purchasing a Flexible-Fuel or Hybrid Automobile AgEcon
Li, Xiaogu; Clark, Christopher D.; Jensen, Kimberly L.; English, Burton C.; Yen, Steven T..
Developing fuels and vehicles that reduce our reliance on fossil fuels has become a priority due to the threat of global climate change and desire for reduced dependence on oil imports. Flexible-fuel vehicles that can run on ethanol/gasoline blends of up to 85% ethanol and hybrid electric vehicles present two such opportunities. While production of both flexible-fuel and hybrid vehicles is increasing, there is still a great deal of uncertainty about how consumers will respond to these products. To address this uncertainty, data was collected through an online survey of automobile owners that asked respondents how likely they were to choose either a flexible-fuel or hybrid vehicle as their next vehicle. A bivariate probit model was used to jointly analyze...
Tipo: Conference Paper or Presentation Palavras-chave: Flexible-fuel vehicles; Ethanol; E85; Hybrid electric vehicles; Demand and Price Analysis; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/60981
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MODELING U.S. BUTTER CONSUMPTION WITH ZERO OBSERVATIONS AgEcon
Yen, Steven T.; Su, Shew-Jiuan.
A heteroscedastic double-hurdle model is used to investigate household butter consumption in the United States. Results suggest that failure to incorporate heteroscedastic errors may lead to unreliable elasticity estimates. Decomposition of the effects of variables leads to insightful information and makes the double-hurdle model a more useful tool in micro demand analysis. Larger and higher-income households are more likely to consume butter than others and also consume more, but income elasticity is very small. Age, region, and seasonality are among the other significant determinants of household butter consumption.
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 1995 URL: http://purl.umn.edu/31471
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An Analysis of Demand Elasticities for Fluid Milk Products in the U.S. AgEcon
Davis, Christopher G.; Blayney, Donald P.; Cooper, Joseph C.; Yen, Steven T..
This study examines retail fluid milk products purchase data from Nielsen 2005 home scan data. The demand for seven categories of fluid milk products were estimated: whole milk, whole flavored milk, reduced fat milk, flavored reduced fat milk, buttermilk, canned milk and all other fluid milk products. Analyses of the purchases of seven fluid milk categories based on the Nielsen 2005 home scan retail data are used to determine the roles marital status, age, race, education, female employment status and location play in the empirical estimations of aggregate demand elasticities. To derive the demand elasticities, a censored translog demand system is used. The results reveal that price and income are the main determinants of demand for fluid milk products...
Tipo: Conference Paper or Presentation Palavras-chave: Nielsen home scan retail data; Milk demand; Elasticities; Fluid milk; Reduced fat milk; Whole milk; Flavored milk; Canned milk; Buttermilk; Non-linear AIDS; Censored translog demand system; Consumer/Household Economics; Demand and Price Analysis; C25; D12; Q11.
Ano: 2009 URL: http://purl.umn.edu/51791
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DEMAND FOR DIFFERENTIATED VEGETABLES AgEcon
Yen, Steven T.; Lin, Biing-Hwan; Harris, James Michael; Ballenger, Nicole.
To obtain a healthier diet, Americans need to consume not only more vegetables, but also a healthier mix of vegetables. Household demands for eight categories of vegetables are investigated, using ACNielsen's Homescan data. A maximum simulated likelihood estimation procedure results in elasticity estimates which are somewhat larger than those obtained from both time-series and cross-section data in the literature. Even these larger elasticities are not large enough to bridge the dietary consumption gap without, and possibly even with, substantial price or food expenditure subsidies. Furthermore, Homescan data do indicate some significant differences in preferences for types of vegetables by household characteristics, such as race and ethnicity. This...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2004 URL: http://purl.umn.edu/20059
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FOOD DEMAND IN MEXICO: A QUASI-MAXIMUM LIKELIHOOD APPROACH AgEcon
Gould, Brian W.; Yen, Steven T..
A growing trend in demand analysis during the last two decades is the use of household survey data. Detailed demographic information collected in these surveys allows treatment of heterogeneous preference and the typically large sample also allows estimation of large demand system that are otherwise not possible with aggregate time series. However, the use of household-level data is complicated by the censoring of the dependent variable especially for systems with disaggregated commodity definitions. To overcome the numerical problem of evaluating truncated multi-dimensional error term distributions, a Quasi-maximum likelihood method is used to estimate a censored 9-commodity demand system for a sample of urban Mexican households. The impacts of...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19667
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POTATO CONSUMPTION IN CANADA: IS IT BECOMING A NORMAL GOOD? AgEcon
Yen, Steven T.; Chen, Kevin Z..
Tipo: Working or Discussion Paper Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2002 URL: http://purl.umn.edu/24076
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Consumer Demand for Meat Cuts and Seafood AgEcon
Davis, Christopher G.; Lin, Biing-Hwan; Yen, Steven T..
Household at-home consumption of different types and cuts of meat and fish products is investigated by estimating a large censored demand system with a two-step procedure using ACNielsen's Homescan data. We find different price and expenditure elasticities between low-income and high-income households. High income households are less responsive to price changes, and the substitution patterns also differ between the low- and high-income households. Whereas the uncompensated elasticities suggest a mixture of gross substitutes and complements among the products for both low- and high-income households, the compensated elasticities suggest net substitution is the obvious pattern for the low-income households.
Tipo: Conference Paper or Presentation Palavras-chave: Censored dependent variables; Sample selection model; Meat; Fish; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; D12; C34.
Ano: 2007 URL: http://purl.umn.edu/9855
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Consumer Preferences for Refrigerators Manufactured by “Climate Leaders” AgEcon
Li, Xiaogu; Clark, Christopher D.; Jensen, Kimberly L.; Yen, Steven T..
In 2002, EPA established a voluntary program called the Climate Leaders Program (CL Program) designed for organizations to complete a corporate greenhouse gas (GHG) inventory, set a goal for reducing GHG emissions, and achieve that goal. The program was never implemented as a product labeling program. In 2010, EPA announced the program’s phase out. This study examines whether the CL Program could have been effectively used as a consumer product labeling program to assist consumers in choosing products manufactured by firms that have voluntarily set and achieved targeted GHG emission reductions.
Tipo: Presentation Palavras-chave: Consumer Preferences; Climate Leaders; Willingness-to-Pay; Environmental Economics and Policy; Q50; Q58.
Ano: 2012 URL: http://purl.umn.edu/123756
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A SAMPLE SELECTION APPROACH TO CENSORED DEMAND SYSTEMS AgEcon
Yen, Steven T.; Lin, Biing-Hwan.
A censored demand system estimator is proposed by extending the sample selection model of Heckman. Censoring is governed by a selection mechanism which avoids the restricitve Tobit parameterization. Results of application to household consumption of beverages suggest the estimator produces slightly different elasticity estimates from the Tobit estimator. Demands for beverages are nearly unitary elastic, and net substitution is an obvious pattern.
Tipo: Conference Paper or Presentation Palavras-chave: Beverages; Censoring; Sample selection; Translog demand system; Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/20082
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CROSS-SECTIONAL ESTIMATION OF U.S. DEMAND FOR BEEF PRODUCTS: A CENSORED SYSTEM APPROACH AgEcon
Yen, Steven T.; Huang, Chung L..
Demands for beef products are investigated using the U.S. Department of Agriculture’'s 1987-88 Nationwide Food Consumption Survey data. The censored translog demand system is estimated with full-information and simulated maximum-likelihood procedures. These procedures represent different approaches to evaluation of multiple probability integrals in the likelihood function, but produce very similar parameter and elasticity estimates. Findings suggest sociodemographic variables play important roles in the demand for beef, and that demand for different cuts of beef should be treated differently.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/31124
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Consumption of Pork Products: Now and to the Year 2020 AgEcon
Lin, Biing-Hwan; Davis, Christopher G.; Yen, Steven T..
Data from the U.S. Department of Agriculture’s 1994-96 and 1998 Continuing Survey of Food Intakes by Individuals (CSFII) are used to describe pork consumption patterns as well as to estimate a censored demand system for pork cuts. The descriptive analysis fills the void about basic information on who consumes pork, how much, and where. A censored system of four pork cuts is estimated for adults, using a maximum-likelihood procedure. The estimated system is used to predict consumption of pork products by adults through the year 2020.
Tipo: Journal Article Palavras-chave: Censored dependent variables; CSFII; Pork consumption; Tobit system; Consumer/Household Economics; Research Methods/ Statistical Methods.
Ano: 2004 URL: http://purl.umn.edu/59403
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ESTIMATION OF A DEMAND SYSTEM WITH LIMITED DEPENDENT VARIABLES AgEcon
Huang, Chung L.; Yen, Steven T..
The study employs the full-information maximum-likelihood method to estimate a censored translog demand system. U.S. household consumption of steak, roast, and ground beef are used to demonstrate the application of the estimation procedure. The proposed methodology produces more efficient estimates than the popular two-step procedures found in demand literature.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19592
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Modeling Consumption with Limited Dependent Variables: Applications to Pork and Cheese AgEcon
Yen, Steven T.; Jensen, Helen H..
The double-hurdle and infrequency-of-purchase models are applied to pork and cheese consumption using the 1987-88 Nationwide Food Consumption Survey data. The models are generalized with the inverse hyperbolic sine transformation in the dependent variable, and this transformation results in a more flexible parameterization and error distribution than the untransformed models. Nonnested LR tests suggest that the IHS double-hurdle model provides better characterization of the data-generating process in household pork consumption than the IHS infrequency-of-purchase model but the elasticities derived from these models are similar. For household cheese consumption, the two models fit the data equally well. The IHS double-hurdle model and the IHS...
Tipo: Working or Discussion Paper Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 1995 URL: http://purl.umn.edu/18682
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Cigarette Consumption by U.S. Men AgEcon
Yen, Steven T..
Tipo: Conference Paper or Presentation Palavras-chave: Health Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/35799
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Demand for Organic and Conventional Fruits AgEcon
Lin, Biing-Hwan; Yen, Steven T.; Huang, Chung L..
We examine consumer demand for organic and conventional fruits by estimating a censored demand system, using Nielsen's Homescan data. Sociodemographic characteristics and income are found to be significant factors of organic fruit consumption. Consumers are responsive to own-price changes in selected organic fruits, while the own-price elasticities for conventional fruits are much smaller. Asymmetric cross-price effects are found between organic and conventional fruits, suggesting that a change in relative prices will more likely cause consumers of conventional fruits to "cross-over" to organic fruits, while the reverse is less likely to happen such that organic consumers will "revert" to conventional fruits.
Tipo: Conference Paper or Presentation Palavras-chave: Organic fruit; Homescan data; Censored demand system; Two-step estimation; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2008 URL: http://purl.umn.edu/6440
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Household Food Expenditures Away From Home by Type of Meal AgEcon
Liu, Miaoru; Kasteridis, Panagiotis P.; Yen, Steven T..
This paper investigates expenditures of food away from home (FAFH) by husband-and-wife households with children, determines the differentiated impacts of economic and demographic variables on FAFH by type of meal and across household types. Using the 2008 and 2009 Consumer Expenditure Survey, the system of expenditures on breakfast, lunch, and dinner is estimated with a multivariate sample selection estimator and results are compared with the Tobit system estimates. Statistical significance of error correlations among equations justifies estimation of the sample selection systems. Differentiated effects of variables on probabilities and expenditure levels highlight advantages of the sample selection system over the Tobit estimator. The effects of...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/103713
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Consumption of Pork Products: Now and to the Year 2020 AgEcon
Davis, Christopher G.; Lin, Biing-Hwan; Yen, Steven T..
Data from the recent USDA'’s food consumption surveys are used to describe pork consumption patterns, to estimate a censored demand system for pork cuts, and to forecast pork consumption. Results indicate that between 2000 and 2020, pork consumption is predicted to grow for all cuts mainly due to population growth.
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2004 URL: http://purl.umn.edu/20168
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DETERMINANTS OF CONSUMER AWARENESS OF FOODBORNE PATHOGENS AgEcon
Lin, Chung-Tung Jordan; Jensen, Kimberly L.; Yen, Steven T..
Each year, microbial pathogens cause millions of cases of foodborne disease and result in many hospitalizations and deaths. Effective consumer education programs to promote safer food handling practices and other averting behaviors may benefit from consumer awareness of microbial pathogens. This paper investigates U.S. consumers’' awareness of four major microbial pathogens (Salmonella, Campylobacter, Listeria and E. coli) as food safety problems, using a multinomial probit model. The awareness varies among pathogens and the variations appear to be related to differences in the number and severity of illnesses associated with these pathogens. Our findings suggest that awareness of microbial pathogens is associated with food safety perceptions, awareness of...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2004 URL: http://purl.umn.edu/20301
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Consumer Knowledge and Meat Consumption in the US AgEcon
Lin, Biing-Hwan; Yen, Steven T.; Davis, Christopher G..
We investigate the roles of consumer knowledge and sociodemographic factors in the consumption of meat products at home and away from home, using data from the Continuing Survey of Food Intakes by Individuals and its companion Diet and Health Knowledge Survey conducted by the US Department of Agriculture. The sample used contains individuals not consuming some of the products. In addition, diet knowledge is potentially endogenous because it is likely to be affected by unobserved factors which also affect meat consumption. It is well known that traditional estimation procedures not accounting for censored dependent variables or simultaneity produce biased estimates. These econometric issues are addressed by developing a simultaneous -equations system,...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/25258
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ESTIMATING DEMAND FOR CIGARETTES AND ALCOHOL WITH ZERO OBSERVATIONS: AgEcon
Yen, Steven T..
Consumption of cigarettes, beer and wine by individuals is investigated, using a multivariate sample selection model. Empirical results suggest that the proposed model performs better than the restricted specifications. Gender differences are also present.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/22168
Registros recuperados: 44
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