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An Analysis of Demand Elasticities for Fluid Milk Products in the U.S. AgEcon
Davis, Christopher G.; Blayney, Donald P.; Cooper, Joseph C.; Yen, Steven T..
This study examines retail fluid milk products purchase data from Nielsen 2005 home scan data. The demand for seven categories of fluid milk products were estimated: whole milk, whole flavored milk, reduced fat milk, flavored reduced fat milk, buttermilk, canned milk and all other fluid milk products. Analyses of the purchases of seven fluid milk categories based on the Nielsen 2005 home scan retail data are used to determine the roles marital status, age, race, education, female employment status and location play in the empirical estimations of aggregate demand elasticities. To derive the demand elasticities, a censored translog demand system is used. The results reveal that price and income are the main determinants of demand for fluid milk products...
Tipo: Conference Paper or Presentation Palavras-chave: Nielsen home scan retail data; Milk demand; Elasticities; Fluid milk; Reduced fat milk; Whole milk; Flavored milk; Canned milk; Buttermilk; Non-linear AIDS; Censored translog demand system; Consumer/Household Economics; Demand and Price Analysis; C25; D12; Q11.
Ano: 2009 URL: http://purl.umn.edu/51791
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Sales Loss Determination in Food Contamination Incidents: An Application to Milk Bans in Hawaii AgEcon
Smith, Mark E.; van Ravenswaay, Eileen O.; Thompson, Stanley R..
This article presents a procedure for estimating sales loss following a food contamination incident with application to the case of heptachlor contamination of fresh fluid milk in Oahu, Hawaii in 1982. A major finding is that media coverage following the incident had a significant impact on milk purchases and that negative coverage had a larger effect than positive coverage. This conclusion implies that public statements by producers or government to assure the public of safe food supplies may be ineffective in restoring consumer confidence following the discovery of a food safety problem. American Journal of Agricultural Economics, August, 1988.
Tipo: Working or Discussion Paper Palavras-chave: Food contamination; Food safety policy; Milk demand; Food Consumption/Nutrition/Food Safety.
Ano: 1987 URL: http://purl.umn.edu/115803
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