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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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