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Registros recuperados: 40
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A Descriptive Analysis of Recent Trends in the International Market for Dry Milk Products AgEcon
Gould, Brian W.; Villarreal, Hector J..
This Discussion Paper provides a comprehensive description of longer-term trends for exports and world prices of dry milk products. The importance of U.S. exports of dry milk products is suggested by figures in the paper showing that in 2000, 17% of U.S. nonfat dry milk, 35% of dry whey, 47% of lactose, and 11% of whey protein concentrates were exported. The Gould-Villarreal study documents the decline in world trade in nonfat dry milk and expansion of world trade in whole milk powder. The paper suggests that collective product mix decisions of the U.S. dairy industry are partially out-of-sync with world demand. Other implications for U.S. dairy exporters of changes in world demand for dry milk products are discussed.
Tipo: Working or Discussion Paper Palavras-chave: Dry Milk Products; U.S. Dry Milk Exports; World Trade; Dry Milk Product Prices; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; International Relations/Trade.
Ano: 2002 URL: http://purl.umn.edu/37639
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A DOUBLE-HURDLE MODEL OF FOOD DEMAND WITH ENDOGENOUS UNIT VALUES AgEcon
Dong, Diansheng; Gould, Brian W..
This study develops a unique double-hurdle model of demand for composite food commodities which endogenizes unit values. The model structure allows us to account for the inability to observe such values for non-purchasing households and simultaneously adjusts for quality demand effects reflected in these unit values. Application to Mexican household food expenditure data shows the importance of controlling for the quality of composite goods. We find that poultry and pork expenditures depend on both quantity demanded and quality desired.
Tipo: Conference Paper or Presentation Palavras-chave: Double-hurdle; Unit value; Household survey data; Composite commodity; Food demand; Quality effects; Consumer/Household Economics; Demand and Price Analysis.
Ano: 1999 URL: http://purl.umn.edu/21635
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A Household Level Analysis of Food Expenditure Patterns in Urban China: 1995-2000 AgEcon
Aguero, Jorge M.; Gould, Brian W..
With China's admission into the WTO, there is the potential for dramatic increases in U.S. agricultural exports to China. As China's economy continues to develop, there is general consensus that there will be an associated change in the population's diet. Currently, dairy products account for a small proportion of total food consumed, but that has been increasing in importance over the last two decades. As Chinese markets become more open to U.S. food products, it is important that U.S. manufacturers and traders obtain a better understanding of the determinants of food expenditures in China. This paper addresses the question of how changes in household income may impact food demand in general and dairy products in particular.
Tipo: Working or Discussion Paper Palavras-chave: China's Food Consumption; Chinese Markets; Chinese Household Income; World Trade Organization; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; International Development; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/37598
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Agriculture and Rural Economic Growth AgEcon
Deller, Steven C.; Gould, Brian W.; Jones, Bruce L..
The role of farm dependence and size on rural economic growth is examined with data from 2,240 nonmetropolitan U.S. counties for the period 1990-1995. A simple neoclassical model of regional economic growth is set forth with a central question relating to the role of agriculture on rural economic convergence. Traditional neoclassical theory predicts that poor rural areas should grow proportionally faster than rich areas. As interpreted in the academic literature and popular press, a preponderance of small family farms should enhance growth. Results suggest that a higher level of local dependence on production agriculture could lower growth rates.
Tipo: Journal Article Palavras-chave: Economic growth; Production agriculture; Rural development; O47; Q18; R11.
Ano: 2003 URL: http://purl.umn.edu/43153
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An Econometric Analysis of Brand Level Strategic Pricing Between Coca Cola and Pepsi Inc. AgEcon
Dhar, Tirtha Pratim; Chavas, Jean-Paul; Cotterill, Ronald W.; Gould, Brian W..
Market structure and strategic pricing for leading brands sold by Coca Cola and Pepsi Inc. are investigated in the context of a flexible demand specification and structural price equations. This approach is more general than prior studies that rely upon linear approximations and interactions of an inherently nonlinear problem. We test for Bertrand equilibrium, Stackelberg equilibrium, collusion, and a general conjectural variation (CV) specification. This nonlinear Full Information Maximum Likelihood (FIML) estimation approach provides useful information on the nature of imperfect competition and the extent of market power.
Tipo: Working or Discussion Paper Palavras-chave: Market structure; Strategic pricing; Conjectural variations; Price reaction; Carbonated soft drinks; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/25231
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An Empirical Assessment of Endogeneity Issues In Demand Analysis for Differentiated Products AgEcon
Dhar, Tirtha Pratim; Chavas, Jean-Paul; Gould, Brian W..
This article explores the issue of price and expenditure endogeneity in empirical demand analysis. The analysis focuses on the US carbonated soft drink market. We test the null hypothesis that price and expenditures are exogenous in the demand for carbonated soft drinks. Using an Almost Ideal Demand System (AIDS) specification, we strongly reject exogeneity for both prices and expenditures. We find that accounting for price/expenditures endogeneity significantly impacts demand elasticity estimates. We also evaluate the implications of endogeneity issues for testing weak separability.
Tipo: Working or Discussion Paper Palavras-chave: Endogeneity; Separability; Carbonated soft drinks; Almost Ideal Demand System; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/25227
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Characteristics of Food Expenditures in Argentina: Implications for the U.S. Dairy Industry AgEcon
Sabates, Robert; Gould, Brian W..
This Discussion Paper provides an analysis of the structure of Argentine dairy and non-dairy food expenditures using a series of econometric models.
Tipo: Working or Discussion Paper Palavras-chave: Argentine Dairy Industry; Econometric Models; Demand and Price Analysis; International Development; Production Economics.
Ano: 2001 URL: http://purl.umn.edu/37657
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Consolidation and Concentration in the U.S. Dairy Industry AgEcon
Gould, Brian W..
Tipo: Journal Article Palavras-chave: Agribusiness; Livestock Production/Industries; L11; Q13; Q18.
Ano: 2010 URL: http://purl.umn.edu/94760
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CONSUMER PROMOTION AND PURCHASE TIMING: THE CASE OF CHEESE AgEcon
Gould, Brian W..
The dynamics of cheese purchases is analyzed by estimating a series of econometric models of duration based on a 170 week household panel. Besides purchase quantity and price data, information with respect to coupon use and household demographic characteristics are used in a variety of models which build upon each other in terms of assumed distribution of interpurchase time, effect of previous purchases, role of demographic characteristics and effect of unobserved interpurchase time heterogeneity. Likelihood ratio tests clearly reject the null hypothesis that coupon use has no impact on cheese purchase timing.
Tipo: Working or Discussion Paper Palavras-chave: Consumer/Household Economics.
Ano: 1996 URL: http://purl.umn.edu/12664
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Dairy Producer Use of BFP PUT Options to Reduce Price Risk: Application to USDA's Dairy Options Pilot Program AgEcon
Cropp, Robert A.; Gould, Brian W..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries; Marketing.
Ano: 1998 URL: http://purl.umn.edu/12739
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DISCUSSANT'S COMMENTS FOR AMERICAN AGRICULTURAL ECONOMICS ASSOCIATION ANNUAL MEETING, SELECTED PAPERS SESSION SP-2N, "FACTORS AFFECTING DEMAND FOR FOOD ITEMS" AgEcon
Gould, Brian W..
This session investigates the impact of economic, social, and demographic factors as well as the food stamp program on the demand for food items. Papers include: Dairy Expenditures and the Changing Racial Composition of the United States, Donald McDowell, North Carolina A&T State University; Joyce Allen-Smith, University of Illinois; Raphael Okafor, North Carolina A&T State University. The Effect of Changes in Tastes, Availability, Demographics, and Prices on Consumption of Fast Foods, Mark Jekanowski, James Binkley, James Eales, Purdue University. Income, Food Stamps, WIC, and Adherence to the Food Guide Pyramid Recommendations, Paul McNamara, Parke Wilde, and Christine Ranney. Retail Demand for Whole vs. Low-Fat Milk: New Perspectives on Loss...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 1998 URL: http://purl.umn.edu/20782
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Enrollment in the 2003/2004 MILC Program: Does Timing Matter? AgEcon
Gould, Brian W.; Hackney, John M..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Marketing.
Ano: 2003 URL: http://purl.umn.edu/12707
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FACTORS AFFECTING U.S. DEMAND FOR REDUCED-FAT FLUID MILK AgEcon
Gould, Brian W..
U.S. fluid milk consumption has changed dramatically since the early 1970s. Whole milk accounted for over 81% of commercial fluid milk disappearance in 1970. By 1993, this percentage was less than 39%. A three-equation fluid milk demand system is estimated for fluid milks that vary by fat content. The household panel data set used includes over 4,300 households that recorded fluid milk purchased for at-home consumption over a 12-month period. Given that many of these households did not consume one or more of the three milk types, the econometric model explicitly incorporates the censored nature of these commodity demands. Own- and cross-price and substitution estimated along with effects of household demographic characteristics.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1996 URL: http://purl.umn.edu/30998
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FACTORS AFFECTING U.S. DEMAND FOR REDUCED-FAT MILK AgEcon
Gould, Brian W..
U.S. fluid milk consumption has changed dramatically since the early 1970s. Whole milk accounted for over 81% of commercial fluid milk disappearance in 1970. By 1993, this percentage was less than 39%. A three-equation fluid milk demand system is estimated for fluid milks that vary by fat content. The household panel data set used includes over 4,300 households who recorded fluid milk purchased for at-home consumption over a 12-month period. Given that many of these households did not consume one or more of the three milk types, the econometric model explicitly incorporates the censored nature of these commodity demands. Own and cross-price and substitution elasticities are estimated along with effects of household demographic characteristics.
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis.
Ano: 1995 URL: http://purl.umn.edu/12646
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Federal Milk Marketing Order Reform: November 2002 Final Decision on Class III/IV Formulas AgEcon
Jesse, Edward V.; Gould, Brian W.; Cropp, Robert A..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Livestock Production/Industries.
Ano: 2002 URL: http://purl.umn.edu/12716
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Federal Order Product Price Formulas and Cheesemaker Margins: A Closer Look AgEcon
Jesse, Edward V.; Gould, Brian W..
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/12717
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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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HOUSEHOLD SIZE AND COMPOSITION IMPACTS ON MEAT DEMAND IN MEXICO: A CENSORED DEMAND SYSTEM APPROACH AgEcon
Gould, Brian W.; Lee, Yoonjung; Dong, Diansheng; Villarreal, Hector J..
The proposed paper adopts the censored demand system approach of Lee and Pitt (1986) to examine the structure of Mexican food demand. This approach uses the concept of virtual prices to explain specific purchase patterns. The contribution of our selected paper is the incorporation of the endogenous equivalence scale function proposed by Phlipps (1998) within this censored system. The contribution of this analysis is not only in terms of the use of an endogenous scaling function within a censored demand system, but we also will be use simulated maximum likelihood techniques which allows for the specification and estimation of significantly larger sized demand systems without the imposition of restrictive distributional assumptions on the equation error...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19722
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IDENTIFYING THE EFFECTS OF GENERIC ADVERTISING ON THE HOUSEHOLD DEMAND FOR FLUID MILK AND CHEESE: A TWO-STEP PANEL DATA APPROACH AgEcon
Schmit, Todd M.; Dong, Diansheng; Chung, Chanjin; Kaiser, Harry M.; Gould, Brian W..
A two-step model with sample selection is applied to panel data of U.S. households to estimate at-home demand for fluid milk and cheese, incorporating advertising expenditures. The model consistently accounts for sample-selection bias, unobserved household heterogeneity, and temporal correlation. Generic advertising programs for fluid milk and cheese were effective at increasing conditional purchase quantities, with very little effect on the probability of purchase. In contrast to aggregate studies, the long-run generic advertising elasticities for cheese were larger than for those of fluid milk. Advertising response varied considerably across sub-product classes, while branded advertising expenditures were largely insignificant.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Marketing.
Ano: 2002 URL: http://purl.umn.edu/31088
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Identifying the Extensive and Intensive Effects of Generic Advertising on the Household Demand for Fluid Milk and Cheese AgEcon
Schmit, Todd M.; Chung, Chanjin; Dong, Diansheng; Kaiser, Harry M.; Gould, Brian W..
A two-step sample selection model is used to estimate household demand equations for fluid milk and cheese products incorporating national generic advertising. This approach allows us to disentangle the incidence of the advertising effect on the probability of purchase and changes in the level of consumption. Generic advertising for fluid milk had a predominantly intensive effect on athome fluid milk demand, implying that advertising was relatively more effective at increasing the consumption of current consumers. Conversely, the at-home cheese demand response to generic cheese advertising was almost exclusively extensive, with virtually the entire increase in quantity demanded due to an increase in the household’s probability of purchase.
Tipo: Working Paper Palavras-chave: Consumer/Household Economics; Marketing.
Ano: 2001 URL: http://purl.umn.edu/122642
Registros recuperados: 40
Primeira ... 12 ... Última
 

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