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Will Fat Taxes Cause Americans to Become Fatter? Some Evidence from US Meats AgEcon
Clark, J. Stephen; Levedahl, J. William.
Price and income elasticities of fat from meats are estimated by decomposing composite demand for meat into the produ ct of total calories, the fraction of calories eat as fat, and a residual measure of quality. This demand-characteristic system provides estimates of the impact of prices and income on the fraction of calories eaten as fat as well as their affect on the total consumption of fat. Empirical estimates of the comp ensated own-price elasticities of meats suggest that a fat tax designed to raise revenues to finance nutritional education efforts may increase the total consumption of fat.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/25710
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Price Elasticities of Demand for Food Away From Home (FAFH) AgEcon
Levedahl, J. William.
Using a procedure by Deaton (1990) and data from a cross-sectional survey by CREST price elasticities of demand for three types of FAFH facilities are computed.
Tipo: Conference Paper or Presentation Palavras-chave: Price Elasticity of Demand; Food Away from Home; Cross-sectional data; Demand and Price Analysis; D12; C21.
Ano: 2011 URL: http://purl.umn.edu/103243
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THE GENERALIZED COMPOSITE COMMODITY THEOREM AND FOOD DEMAND ESTIMATION AgEcon
Reed, Albert J.; Levedahl, J. William; Hallahan, Charles B..
This paper reports tests of aggregation over consumer food products and estimates of aggregate food demand elasticities. Evidence that food demand variables follow unit root processes leads us to build on and simplify tests of the Generalized Composite Commodity Theorem found in the literature. We compute food demand elasticities using cointegration applied to a convenient but nonlinear functional form. Estimates are based on consumer reported expenditure data rather than commercial disappearance data.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/20107
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Net Taxpayer Cost of WIC Infant Formula AgEcon
Levedahl, J. William; Reed, Albert J..
This paper combines expressions for infant formula retail price flexibilities of the contract brand with respect to the rebate and participant demand presented by Reed and Levedahl (2012)with historical data on rebates and participant demand to calculate how the magnitude of net taxpayer costs has been affected by changes in rebates and participant demand. These results are used to compare the relative impact of these variables on the net cost to taxpayers of WIC infant formula and to evaluate how effective sole-source contracts have been at containing taxpayer costs.
Tipo: Presentation Palavras-chave: Cost containment; Infant formula rebates; WIC participant demand; Sole-source contracts; Agricultural and Food Policy; Public Economics; Q11; Q18.
Ano: 2012 URL: http://purl.umn.edu/124073
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Commercial Disappearance and Composite Demand for Food with an Application to U.S. Meats AgEcon
Reed, Albert J.; Levedahl, J. William; Clark, J. Stephen.
When elementary prices move strictly proportionately, aggregation over a group of diverse products is valid, and group demand responses can be decomposed into quality and quantity responses. This study shows that when relative elementary prices and group prices are stochastically independent, a similar decomposition is valid. Empirical results suggest consumers respond to changes in prices and income mostly by altering the quality of meat products. These findings imply that using commercial disappearance as a proxy for food demand can be misleading for policy analysis. Key words: commodity aggregation, Composite Commodity Theorem, composite demand, Generalized Composite Commodity Theorem, quantity-quality decomposition
Tipo: Journal Article Palavras-chave: Commodity aggregation; Composite Commodity Theorem; Composite demand; Generalized Composite Commodity Theorem; Quantity-quality decomposition; Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/30719
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The Determination of National Retail and Wholesale Prices of Infant Formula AgEcon
Levedahl, J. William; Reed, Albert J..
Changes in both retail and wholesale infant formula prices can affect the ability of WIC to supply infant formula to participants. This paper constructs a joint relationship that links national wholesale and retail infant formula prices to economic and policy variables. This joint framework provides a richer interpretation of current issues and questions associated with these markets than frameworks intent on explaining either retail or wholesale prices alone. We show how this framework can be implemented empirically, and demonstrate how it can be used to obtain empirical estimates of retail and wholesale price flexibilities with respect to rebates, and with respect to changes in WIC participation. Both have implications for cost containment.
Tipo: Conference Paper or Presentation Palavras-chave: Women; Infant and Children Program; Infant formula rebates; Price analysis; Food Security and Poverty; I38; D40.
Ano: 2005 URL: http://purl.umn.edu/19274
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CONSISTENT AGGREGATION IN FOOD DEMAND SYSTEMS AgEcon
Levedahl, J. William; Reed, Albert J.; Clark, J. Stephen.
Two aggregation schemes for food demand systems are tested for consistency with the Generalized Composite Commodity Theorem (GCCT). One scheme is based on the standard CES classification of food expenditures. The second scheme is based on the Food Guide Pyramid. Evidence is found that both schemes are consistent with the GCCT.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19653
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THE EFFECT OF AN ELECTRONIC BENEFIT TRANSFER (EBT) SYSTEM ON FOOD EXPENDITURE OF FOOD STAMP RECIPIENTS: EVIDENCE FROM THE MARYLAND STATEWIDE IMPLEMENTATION AgEcon
Levedahl, J. William.
Survey data before and after the statewide implementation of an Electronic Benefit Transfer system in Maryland is used to estimate the impact of this system on net food expenditure out of Food Stamp Program (FSP) benefits and income. A reduction in the net food expenditure from FSP benefits relative to income reduces the FSP's ability to target food expenditure.
Tipo: Conference Paper or Presentation Palavras-chave: Food Security and Poverty.
Ano: 1998 URL: http://purl.umn.edu/20905
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