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Choosing between the AIDS and Rotterdam models: A meat demand analysis case study

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  • Taljaard, Pieter R.
  • van Schalkwyk, Herman D.
  • Alemu, Zerihun Gudeta
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    Abstract

    Due to the inability of economic theory to choose ex ante between the Almost Ideal Demand System (AIDS) and the Rotterdam model, a non-nested test was used. The results of the non-nested test points to the Linearized-AIDS model applied to 31 years of meat consumption data in South Africa. When comparing the estimated demand relations of the two models, the LA/AIDS model also proved to be better fit for South African meat demand.

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    File URL: http://purl.umn.edu/31710
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    Bibliographic Info

    Article provided by Agricultural Economics Association of South Africa (AEASA) in its journal Agrekon.

    Volume (Year): 45 (2006)
    Issue (Month): 2 (June)
    Pages:

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    Handle: RePEc:ags:agreko:31710

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    Web page: http://www.aeasa.org.za/
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    Related research

    Keywords: Food Consumption/Nutrition/Food Safety;

    References

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    1. Dameus, Alix & Richter, Francisca G.-C. & Brorsen, B. Wade & Sukhdial, Kullapapruk Piewthongngam, 2002. "Aids Versus The Rotterdam Demand System: A Cox Test With Parametric Bootstrap," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 27(02), December.
    2. Davidson, Russell & MacKinnon, James G, 1981. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Econometrica, Econometric Society, vol. 49(3), pages 781-93, May.
    3. Badurally Adam, M.S.A. & Darroch, Mark A.G., 1997. "Impact on South African meat demand of a possible free trade agreement with the European Union," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 36(4), December.
    4. Alston, Julian M. & Chalfant, James A., 1991. "Can We Take The Con Out Of Meat Demand Studies?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), July.
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    Cited by:
    1. Dhraief, Mohamed Zied & Oueslati, Meriem & Dhehibi, Boubaker, 2. "Income, Education and Age Effects on Meat and Fish Demand in Tunisia," International Journal of Food and Agricultural Economics (IJFAEC), Niğde University, Faculty of Economics and Administrative Sciences, vol. 1.
    2. Dhraief, Mohamed Zied & Oueslati, Meriem & Dhehibi, Boubaker, 2012. "Meat And Fish Demand In Tunisia: Economic And Socio-Demographic Factors Effects," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126432, International Association of Agricultural Economists.

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