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Estimating Demand Elasticities of Meat Demand in Slovakia AgEcon
Hupkova, Daniela; Bielik, Peter.
This article focuses on assessing consumer beliefs, attitude and behaviour towards meat. The aim is to obtain estimates of price and income elasticity of meat demand in Slovakia. This report analyses pork, poultry and beef meat consumption in Slovakia according to the individual households’ social categories. The Household Budget Survey of the Slovak Statistical Office was used for period 1993-2007. The data consists of yearly observations of beef, pork and poultry consumption, average annual consumer prices of beef, pork and poultry meat and net income per capita. Knowing the values of demand elasticities for food is widely used to correct policy formation and analysing trade patterns all over the world, but especially in developing countries where food...
Tipo: Conference Paper or Presentation Palavras-chave: Meat consumption; Price elasticity; Income elasticity; Individual households’ categories; Fixed effect; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/58030
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China's Meat Consumption: An Income Elasticity Analysis and Long-Term Projections AgEcon
Masuda, Tadayoshi; Goldsmith, Peter D..
Cover, Poster, and Materials
Tipo: Conference Paper or Presentation Palavras-chave: Bennett's law; China; Meat consumption; Income elasticity; Vector error correction model (VECM); Projection; Agricultural and Food Policy; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; C22; Q11; Q13.
Ano: 2010 URL: http://purl.umn.edu/61601
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THE WINE MARKET IN JAPAN: MARKET COMPETITION AMONG EXPORTING COUNTRIES AND THE STRATEGY OF US WINE AgEcon
Arahata, Katsumi.
The purpose of this paper is to examine the structure of wine consumption in the Japanese market, focusing on the consumption in households. Considering various tendencies of Japanese eating and drinking habits nowadays related to wine consumption, the model was built and empirically estimated. The data to be investigated was household's data from the past twenty-seven years of official statistics. It was found that Japanese households show high income elasticity for wine demand. The strategy to prioritize department store distribution was demonstrated to be effective due to the fact that wine consumption in the high income class is steadily high, while the sensitivity to income and compatibility of foods is higher in middle income classes. However, the...
Tipo: Conference Paper or Presentation Palavras-chave: Wine consumption; Compatibility of foods with wine; Price elasticity; Income elasticity; Influence of recession; International Relations/Trade; Q110; Q130.
Ano: 2004 URL: http://purl.umn.edu/20296
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Estimativa da elasticidade-renda do consumo de café na região Sudeste do Brasil AgEcon
Santos, Venussia Eliane dos; Gomes, Marco Tulio M.; Gomes, Marilia Fernandes Maciel.
This paper aimed to assess the changes in the consumption quantity of roasted and ground coffee in response to changes in the consumers' income, in the Southeast Region of Brazil, specifically in the states of Minas Gerais, São Paulo and Rio de Janeiro, and in all areas of the covered by the POF (Brazil). For that, the income elasticity of the consumption of those types of coffees was estimated by using an econometric model that fitted a three-segment polygon to show as the per capita physical consumption of those types of coffee varies as the per capita family monthly income changes. The data were gathered from the Family Budget Survey for the years of 2002/2003, published by the IBGE. The estimated income elasticity for roasted and ground coffee was...
Tipo: Journal Article Palavras-chave: Income elasticity; Coffee consumption; Southeast Region; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/55315
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Intra-Household Redistribution of Income and Calorie Consumption in South-Western Nigeria AgEcon
Aromolaran, Adebayo B..
This study investigates how per capita calorie intake in low income households of rural southwestern Nigeria responds to changes in total household income and women’s share of household income. The study addresses two major questions. First, is calorie-income elasticity large enough to justify the use of income increases as a food/nutrition policy strategy for increasing calorie intake among low income households? Second, what is the potential effect of intra-household redistribution of income from men to women on per capita calorie consumption? My results show that calorie-income elasticity is small and close to zero, implying that income policies may not be the most effective way to achieve substantial improvements in calorie consumption. I also find...
Tipo: Working or Discussion Paper Palavras-chave: Nigeria; Intra-household redistribution of income; Women’s income share elasticity; Income elasticity; Calorie consumption; Consumer/Household Economics; D13; I12; O15; Q18.
Ano: 2004 URL: http://purl.umn.edu/28450
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International Evidence on Food Consumption Patterns: An Update Using 2005 International Comparison Program Data AgEcon
Muhammad, Andrew; Meade, Birgit Gisela Saager.
In a 2003 report, International Evidence on Food Consumption Patterns, ERS economists estimated income and price elasticities of demand for broad consumption categories and food categories across 114 countries using 1996 International Comparison Program (ICP) data. This report updates that analysis with an estimated two-stage demand system across 144 countries using 2005 ICP data. Advances in ICP data collection since 1996 led to better results and more accurate income and price elasticity estimates. Low-income countries spend a greater portion of their budget on necessities, such as food, while richer countries spend a greater proportion of their income on luxuries, such as recreation. Low-value staples, such as cereals, account for a larger share of the...
Tipo: Technical Report Palavras-chave: ICP 2005; High-value food products; Consumption patterns; Marginal share; Income elasticity; Price elasticity; ERS; USDA; Demand and Price Analysis; Food Security and Poverty; International Development; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/120252
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Turning on the Lights: A Meta-Analysis of Residential Electricity Demand Elasticities AgEcon
Espey, James A.; Espey, Molly.
Meta-analysis us used to quantitatively summarize previous studies of residential electricity demand to determine if there are factors that systematically affect estimated elasticities. In this study, price and income elasticities of residential demand for electricity from previous studies are used as the dependent variables, with data characteristics, model structure, and estimation technique as independent variables, using both least square estimation of a semilog and maximum likelihood estimation of a gamma model. The findings of this research can help better inform public policy makers, regulators, and utilities about the responsiveness of residential electricity consumers to price and income changes.
Tipo: Journal Article Palavras-chave: Electricity demand; Income elasticity; Meta-analysis; Price elasticity; Residential electricity demand; Q40; Q41; D12.
Ano: 2004 URL: http://purl.umn.edu/42897
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