Data/hora: 05/06/2024 16:08:14

Provedor de dados: | 31
País: | United States
Título: | An Assessment of Dynamic Behavior in the U.S. Catfish Market: An Application of the Generalized Dynamic Rotterdam Model
Autores: | Muhammad,   Andrew; Jones,   Keithly G.
Data: | 2010-01-21
Ano: | 2009
Palavras-chave: | Catfish; Demand; Dynamics; Partial adjustment; Rotterdam model; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics; C51; Q11; Q13; Q17.
Resumo: | The generalized dynamic Rotterdam model was used in estimating U.S. demand for disaggregated catfish. The overall goal was to examine habit persistence in consumption and to determine the adjustment process in demand. Results indicated that it took up to 1 month for catfish-product demand to fully adjust to changes in expenditures and prices. Additionally, habit persistence played a role in demand where present consumption of a given product was positively affected by past consumption of that product. Consequently, U.S. catfish demand was significantly more elastic in the long-run.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/56660
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 41, Number 03, December 2009
Formato: | 14