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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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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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Complements and Meat Demand in the U.S. AgEcon
Davis, Christopher G.; Stefanova, Stela; Hahn, William F.; Yen, Steven T..
In this study we estimated the price elasticities among meats, vegetables, grains, and potatoes and the impact that different levels of income have on the demand for these commodities. The 2005 Nielsen retail home scan data were used to construct a censored demand system of 14 equations. Results revealed that the uncompensated cross-price elasticities for both low and high-incomes suggest both substitution and complement relationships, while the compensated price elasticities are dominated primarily by substitution relationships. Our findings also revealed that expenditure elasticities among both low and high-income households differ for most commodities.
Tipo: Conference Paper or Presentation Palavras-chave: Censored dependent variables; Meats; Poultry; Fish; Vegetables; Sample selection model; Two-step estimation; Demand and Price Analysis; Livestock Production/Industries; C25; D12; Q11.
Ano: 2008 URL: http://purl.umn.edu/6406
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