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Registros recuperados: 9
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The Effects of a Fat Tax on Dairy Products AgEcon
Chouinard, Hayley H.; Davis, David E.; LaFrance, Jeffrey T.; Perloff, Jeffrey M..
We apply an incomplete demand system to supermarket scanner data to estimate the effects of a fat tax on dairy products for different demographic groups. We find own-price elasticities of demand are relatively inelastic and vary little across groups. A fat tax may be an effective means to raise revenue, but will not result in a significant reduction in fat consumption. The welfare effects associated with a fat tax are large and vary greatly across demographic groups. These fat taxes are regressive in nature, as the elderly and poor suffer greater welfare losses.
Tipo: Working or Discussion Paper Palavras-chave: Fat tax; Incomplete demand system; Demand and Price Analysis; Livestock Production/Industries; Public Economics; H2; I18.
Ano: 2005 URL: http://purl.umn.edu/25078
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Recent Trends and Economic Issues in the WIC Infant Formula Rebate Program AgEcon
Oliveira, Victor; Davis, David E..
Over half of all infant formula sold in the United States is purchased through the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC). Typically, WIC State agencies obtain substantial discounts in the form of rebates from infant formula manufacturers for each can of formula purchased through the program. The cost to WIC for each can of formula provided through the program has two components: (1) net wholesale price, which is equal to the wholesale price of formula minus the amount of the rebate; and (2)retail markup, which is equal to the retail price minus the wholesale price. This analysis suggests that retail markup accounts for most of the cost to WIC of infant formula in most States. However, both cost components have...
Tipo: Report Palavras-chave: WIC; Special Supplemental Nutrition Program for Women; Infants; And Children; Infant formula; Rebates; Net wholesale price; Retail markup; Wholesale price; Food Assistance and Nutrition Research Program; FANRP; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/7228
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Buyer Alliances as Countervailing Power in WIC Infant-Formula Auctions AgEcon
Davis, David E..
State WIC agencies in infant-formula procurement auctions receive lower bids and final prices when they are in buyer’s alliances than when they are unallied. The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) uses an auction to procure infant formula. Manufacturers bid on the right to be an agency’s sole supplier by offering a rebate on formula sold through WIC. A theoretical model of rebates shows that bidders may shade their bids and extract surplus from agencies. An empirical estimation shows that bids are lower to alliances suggesting that alliances countervail the power of bidders to extract surplus.
Tipo: Working Paper Palavras-chave: Auctions; Food assistance; Countervailing power; Buyer concentration; Oligopoly; WIC.; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Industrial Organization; L13; D43; D44; Q18; I18.
Ano: 2011 URL: http://purl.umn.edu/123863
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Milk Marketing Order Winners and Losers AgEcon
Chouinard, Hayley H.; Davis, David E.; LaFrance, Jeffrey T.; Perloff, Jeffrey M..
Do milk marketing orders affect various demographic groups differently? To answer this question, we use supermarket scanner data to estimate an incomplete demand system for dairy products. Based on these estimates, we simulate substitution effects among dairy products and the welfare impacts of price changes resulting from changes in milk marketing orders for various consumer groups. While we find little difference in own- and cross-price substitution elasticities of demand, the welfare effects of price changes vary substantially across demographic groups, with some losing and others winning from this government program. Families with young children suffer from marketing orders, while wealthier childless couples benefit. Additionally, we find that...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2006 URL: http://purl.umn.edu/21238
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Milk Marketing Order Winners and Losers AgEcon
Chouinard, Hayley H.; Davis, David E.; LaFrance, Jeffrey T.; Perloff, Jeffrey M..
Do milk marketing orders affect various demographic groups differently? To answer this question, we use supermarket scanner data to estimate an incomplete demand system for dairy products. We use these estimates to simulate substitution among dairy products and the welfare impacts of price changes resulting from changes in milk marketing orders for various consumer groups. While we find little difference in own- and cross-price substitution elasticities of demand, the welfare effects of price changes vary substantially across demographic groups, with some losing and others winning from this government program.
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/25098
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INTERSTATE VARIATION IN WIC FOOD PACKAGE COSTS: THE ROLE OF FOOD PRICES, CASELOAD COMPOSITION, AND COST-CONTAINMENT PRACTICES AgEcon
Davis, David E.; Leibtag, Ephraim S..
Food prices within States affect average monthly costs of State food benefits packages provided by the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) more than variations in WIC caseload composition do. In addition, cost-containment practices by State WIC agencies provide different levels of cost savings in different areas, which also contributes to interstate variation in benefits package costs. This study is one of the few to examine the degree to which food prices, caseloads, and cost containment practices influence costs of State WIC food benefits packages. Because few data exist on the actual food items that WIC participants purchase, the study used a scanner dataset of supermarket transactions and other sources to...
Tipo: Report Palavras-chave: WIC program; Cost-containment; Food package costs; Food prices; WIC foods; WIC caseloads; Special Supplemental Nutrition Program for Women; Infants; Children; Food Security and Poverty.
Ano: 2005 URL: http://purl.umn.edu/33811
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Labor-Force Heterogeneity as a Source of Agglomeration Economies in an Empirical Analysis of County-Level Determinants of Food Plant Entry AgEcon
Davis, David E.; Schluter, Gerald E..
Results of this study show that a heterogeneous labor force serves to attract new food manufacturing investment. We conduct analysis for SIC 20, Food and Kindred Product Manufacturing, and disaggregate analysis on all nine three-digit SIC food industries. Heterogeneity variables are a significant factor in nearly all specifications. We also examine which factors create the greatest increases in the expected number of new establishments. Areas with a high degree of labor heterogeneity are found to have large advantages. Labor heterogeneity is among the most important factors attracting food manufacturing to urban areas over rural areas.
Tipo: Journal Article Palavras-chave: Agglomeration externalities; Business location determinants; Food manufacturing; Labor heterogeneity; Rural development; Labor and Human Capital.
Ano: 2005 URL: http://purl.umn.edu/30975
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Milk Marketing Orders: Who Wins and Who Loses? AgEcon
Chouinard, Hayley H.; Davis, David E.; LaFrance, Jeffrey T.; Perloff, Jeffrey M..
Tipo: Journal Article Palavras-chave: Livestock Production/Industries; Marketing; Q13; Q18.
Ano: 2010 URL: http://purl.umn.edu/94762
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Bidding for WIC infant formula contracts: Do non-WIC customers subsidize WIC customers? AgEcon
Davis, David E..
Although the WIC food assistance program purchases over one-half of all US infant formula, I find the program has little impact on the prices paid by non-WIC customers. I estimate infant-formula marginal cost and find that it is low compared to price, implying large price-cost markups. But, the WIC program is not to blame. Instead large price-cost markups are likely due to customer’s price insensitivity. WIC’s impact on non-WIC customers comes through an increase in sales owing to a WIC “spill-over” effect. The WIC approved brand attains a prominence in the market that makes it a natural choice for non-WIC customers, which makes attaining WIC approval valuable to firms. Firms bid with rebates to attain exclusive WIC approved status which results in...
Tipo: Working or Discussion Paper Palavras-chave: Price cost margins; WIC; Oligopoly; Food Assistance; Infant Formula; Auctions; Contracts; Consumer/Household Economics; Health Economics and Policy; Industrial Organization; L11; L113; I18; D12.
Ano: 2011 URL: http://purl.umn.edu/102457
Registros recuperados: 9
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