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Consumption of Pork Products: Now and to the Year 2020

Author

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  • Lin, Biing-Hwan
  • Davis, Christopher G.
  • Yen, Steven T.

Abstract

Data from the U.S. Department of Agriculture’s 1994-96 and 1998 Continuing Survey of Food Intakes by Individuals (CSFII) are used to describe pork consumption patterns as well as to estimate a censored demand system for pork cuts. The descriptive analysis fills the void about basic information on who consumes pork, how much, and where. A censored system of four pork cuts is estimated for adults, using a maximum-likelihood procedure. The estimated system is used to predict consumption of pork products by adults through the year 2020.

Suggested Citation

  • Lin, Biing-Hwan & Davis, Christopher G. & Yen, Steven T., 2004. "Consumption of Pork Products: Now and to the Year 2020," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 22(2), pages 1-15.
    • Handle: RePEc:ags:jloagb:59403
    DOI: 10.22004/ag.econ.59403
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    References listed on IDEAS

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    3. Hajivassiliou, Vassilis A. & Ruud, Paul A., 1986. "Classical estimation methods for LDV models using simulation," Handbook of Econometrics, in: R. F. Engle & D. McFadden (ed.), Handbook of Econometrics, edition 1, volume 4, chapter 40, pages 2383-2441, Elsevier.
    4. McDonald, John F & Moffitt, Robert A, 1980. "The Uses of Tobit Analysis," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 318-321, May.
    5. Amemiya, Takeshi, 1974. "Multivariate Regression and Simultaneous Equation Models when the Dependent Variables Are Truncated Normal," Econometrica, Econometric Society, vol. 42(6), pages 999-1012, November.
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    Cited by:

    1. Richard J. Vyn & Getu Hailu, 2015. "Discount Usage and Price Discrimination for Pork Products in Canada," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(4), pages 449-474, December.

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