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Provedor de dados:  AgEcon
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>Volume 41, Number 03, December 2009
Formato:  14
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