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The Effects of a Fat Tax on Dairy Products AgEcon
Chouinard, Hayley H.; Davis, David E.; LaFrance, Jeffrey T.; Perloff, Jeffrey M..
We apply an incomplete demand system to supermarket scanner data to estimate the effects of a fat tax on dairy products for different demographic groups. We find own-price elasticities of demand are relatively inelastic and vary little across groups. A fat tax may be an effective means to raise revenue, but will not result in a significant reduction in fat consumption. The welfare effects associated with a fat tax are large and vary greatly across demographic groups. These fat taxes are regressive in nature, as the elderly and poor suffer greater welfare losses.
Tipo: Working or Discussion Paper Palavras-chave: Fat tax; Incomplete demand system; Demand and Price Analysis; Livestock Production/Industries; Public Economics; H2; I18.
Ano: 2005 URL: http://purl.umn.edu/25078
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Valuing the Prevention of an Infestation: The Threat of the New Zealand Mud Snail in Northern Nevada AgEcon
Davis, Alison F.; Moeltner, Klaus.
The Truckee/Carson/Walker River watershed in northern Nevada is under an imminent threat of infestation by the New Zealand mud snail, an aquatic nuisance species with the potential to harm recreational fisheries. We combine a utility-theoretic system-demand model of recreational angling with a Bayesian econometric framework to provide estimates of trip and welfare losses under different types of regulatory control policies. We find that such losses can be substantial, warranting immediate investments in preemptive strategies via public outreach and awareness campaigns.
Tipo: Journal Article Palavras-chave: Bayesian simulation; Hierarchical modeling; Incomplete demand system; New Zealand mud snail; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/59333
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