Data/hora: 11/06/2024 09:24:26

Provedor de dados: | 31
País: | United States
Título: | Micro-Demand Systems Analysis of Non-Alcoholic Beverages in the United States: An Application of Econometric Techniques Dealing With Censoring
Autores: | Alviola,   Pedro A., IV; Capps,   Oral, Jr.; Wu,   Ximing.
Data: | 2010-04-15
Ano: | 2009
Palavras-chave: | Censored demand systems; AIDS; QUAIDS; Two-Step Methods; Generalized Maximum Entropy; Amemiya-Tobin Framework; Non-Alcoholic Beverages; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; C34; D12.
Resumo: | A censored Almost Ideal Demand System (AIDS) and a Quadratic Almost Ideal Demand System (QUAIDS) were estimated in modeling non-alcoholic beverages. Five estimation techniques were used, including the conventional Iterated Seemingly Unrelated Regression (ITSUR), two-stage methods such as the Heien and Wessells (1990) and the Shonkwiler and Yen (1999) approaches, the generalized maximum entropy method and the Amemiya-Tobin framework of Dong, Gould and Kaiser (2004). Our results based on various specifications and estimation techniques are quantitatively similar and indicate that price elasticity estimates have a greater variability in more highly censored non-alcoholic beverage items such as tea, coffee and bottled water as opposed to less censored non-alcoholic beverage items such as carbonated softdrinks, milk and fruit juices.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês
Identificador: | http://purl.umn.edu/60462

Relação:

Agricultural and Applied Economics Association&gt;2010 Annual Meeting, July 25-27, 2010, Denver, Colorado

Selected Paper

10339

Formato: | 44