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| Pritchett, James G.; Thilmany, Dawn D.; Johnson, Kamina K.. |
| Animal diseases such as bovine spongiform encephalopathy (BSE) are a threat to the animal product marketing sector and the broader economy. Policy makers and industry stakeholders seek a means of assessing a disease threat's economic impacts when evaluating prevention and mitigation measures. But, differences in the focus of the impact analysis (production level, market prices, welfare), level of analysis (geographically, marketing phase) and proposed policy alternatives all influence the analytical approach. This paper surveys previous research, focusing on methodological approaches and results. Drawing from past research and future economic data needs, a typology is developed to guide researchers when defining the scope and policy alternatives of various... |
| Tipo: Journal Article |
Palavras-chave: Animal disease economics; Literature review; Marketing channel; Livestock Production/Industries; Marketing. |
| Ano: 2005 |
URL: http://purl.umn.edu/8177 |
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| Pritchett, James G.; Johnson, Kamina K.. |
| Retail meat managers have many pricing tools to encourage product purchase, including the feature price, syndicate price, and the percent discount. Given seasonal demands and a large, diverse set of meat cuts, meat managers may form strategic pricing groups when choosing the feature-price, syndicate-price, and percent-discount levels. This research inductively determines these groups using a principal-components method and examines the role feature pricing plays in determining the volume sold and syndicate price. Seemingly unrelated regression (SUR) models are used to simultaneously estimate the impacts of featuring strategy decisions among cluster groups. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
| Ano: 2005 |
URL: http://purl.umn.edu/26766 |
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| Pritchett, James G.; Johnson, Kamina K.; Thilmany, Dawn D.; Hahn, William F.. |
| Recent bovine spongiform encephalopathy (BSE, a.k.a. mad cow disease) discoveries in Canadian and U.S. beef cattle have garnered significant media attention, which may have changed consumers’ meat-purchasing behavior. Consumer response is hypothesized and tested within a meat demand system in which response is measured using single-period dummy variables, longer-term dummy variables, and media indices that count positive and negative meat-industry articles. Parameters are estimated using retail scanner data, and cross-species price elasticities are calculated. Results suggest that the BSE events negatively impacted ground beef and chuck roasts, while positively impacting center-cut pork chop demand. Dummy variables explained the variation in meat-budget... |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
| Ano: 2007 |
URL: http://purl.umn.edu/43498 |
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