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Comparing Heterogeneous Consumption in US and Japanese Meat and Fish Demand AgEcon
Tonsor, Glynn T.; Marsh, Thomas L..
This article uses national, quarterly data to conduct an empirical analysis of pre-committed meat and fish demand by US and Japanese households using the Generalized Almost Ideal Demand System (GAIDS). US consumers are found to hold pre-committed demand for beef and pork, while Japanese consumers appear to possess significant pre-committed demand for beef and fish. This provides evidence to partly explain observed differences in Japanese and US consumer reactions to non-price and non-income effects in beef, pork, poultry, and fish. In addition, the first known empirical comparison of how the GAIDS and more traditional AIDS models assess meat and fish demand is offered with both in- and out-of-sample evaluations.
Tipo: Conference Paper or Presentation Palavras-chave: US/Japanese meat demand; Demand forecasting; Food safety; Generalized Almost Ideal Demand System; Pre-committed consumption; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/19567
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The Impact of Pork Advertising on US Meat Demand in the Presence of Competing Beef Advertising and Food Safety Events AgEcon
Piggott, Nicholas E.; Zhen, Chen; Beach, Robert H.; Wolhlgenant, Michael K..
We examine the effects of domestic advertising and promotion expenditures on meat demand, extending previous efforts in several areas, including the use of more recent data, employing a complete demand system and simultaneously measuring the impacts of generic pork and beef advertising and food safety information on the demand for beef, pork, and poultry. Using the Generalized Almost Ideal Demand System (GAIDS), own- and cross- beef and pork advertising and own- and cross- beef, pork, and poultry food safety effects are measured jointly and consistently. To allow for a more complex dynamic response of advertising and food safety effects, the flexible distributed lag technique of Mitchell and Speaker (1986) is employed. The coefficients on pork advertising...
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Generalized Almost Ideal Demand System; Generic advertising; Meat demand; Polynomial inverse lag; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2007 URL: http://purl.umn.edu/9235
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