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You, Zhikang; Epperson, James E.; Huang, Chung L.. |
Price and expenditure elasticities at retail level for 11 fresh fruits and 10 fresh vegetables were estimated by employing a composite demand system approach and using annual data. Most fresh fruits and vegetables were found to respond significantly to changes in their own prices but insignificantly to changes in total expenditures. The demand for fresh fruit group appeared to have had a clear upward trend since 1973. However, no significant trends were found in the demands for individual fresh fruits or vegetables. The study partially incorporated the interdependent demand relationships between fresh fruits (vegetables) and all other commodities, yet effectively avoided the problem of insufficient degrees of freedom. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1996 |
URL: http://purl.umn.edu/27894 |
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Florkowski, Wojciech J.; You, Zhikang; Huang, Chung L.. |
The study identifies differences in consumer characteristics and the selection of the type of a retail outlet in pecan purchases. Within the framework of utility maximization, an empirical model is specified and estimated using multinomial logit. The estimation is based on data collected through a nationwide survey. Calculated marginal probabilities show the importance of age, household income, and household size among the important consumer characteristics that influence the selection of a retail outlet. Employment and the timing of pecan purchases also influence the use of a specific type of retail outlet. In particular, mail-order purchases are made by older persons with higher incomes and larger households in comparison to purchases at grocery stores... |
Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics. |
Ano: 1999 |
URL: http://purl.umn.edu/27386 |
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