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Household Food Expenditures Away From Home by Type of Meal AgEcon
Liu, Miaoru; Kasteridis, Panagiotis P.; Yen, Steven T..
This paper investigates expenditures of food away from home (FAFH) by husband-and-wife households with children, determines the differentiated impacts of economic and demographic variables on FAFH by type of meal and across household types. Using the 2008 and 2009 Consumer Expenditure Survey, the system of expenditures on breakfast, lunch, and dinner is estimated with a multivariate sample selection estimator and results are compared with the Tobit system estimates. Statistical significance of error correlations among equations justifies estimation of the sample selection systems. Differentiated effects of variables on probabilities and expenditure levels highlight advantages of the sample selection system over the Tobit estimator. The effects of...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/103713
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A Binary-Ordered Probit Model of Cigarette Demand AgEcon
Kasteridis, Panagiotis P.; Munkin, Murat K.; Yen, Steven T..
This study analyzes the demand for cigarettes fitting observed zero outcomes with a trivariate model consisting of an equation for the starting smoking decision, an equation for the quitting decision, and an equation that models the level of cigarettes consumed. Five competing specifications are considered to explain level, with the ordered probit, which accommodates pile-ups of counts in the dependent variable, providing the best fit. Marginal effects of explanatory variables are calculated providing strong evidence of race and gender differences in consumption patterns. The estimated marginal effects are robust to alternative categorizations of the level of cigarettes.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/9862
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Household food expenditures in the United States: A Bayesian MCMC approach to censored equation systems AgEcon
Kasteridis, Panagiotis P.; Yen, Steven T..
We apply a Bayesian Markov Chain Monte Carlo (MCMC) technique, along with data augmentation to accommodate censoring in the dependent variables, to the estimation of a large expenditure system of food expenditures. Our finding of significant error covariance estimates justifies estimation of the system in improving statistical efficiency. Income, household composition, regions and other socio-demographic variables are found to play significant roles in determining household food expenditures.
Tipo: Conference Paper or Presentation Palavras-chave: Bayesian MCMC; Censored equation system; Consumer Expenditure Survey; Food Consumption/Nutrition/Food Safety; C11; C34; D12; C11; C34; D12.
Ano: 2010 URL: http://purl.umn.edu/61763
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Food Expenditures Away From Home by Type of Meal and by Facility AgEcon
Liu, Miaoru; Kasteridis, Panagiotis P.; Yen, Steven T..
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 2010 URL: http://purl.umn.edu/61744
Registros recuperados: 4
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