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Can We Take The Con Out Of Meat Demand Studies?

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  • Alston, Julian M.
  • Chalfant, James A.

Abstract

Whimsy in specification choices leads to fragility of inference in econometric studies of structural change in meat demand. The literature contains a variety of results, with many contradictions, attributable largely to differences in specifications. This article reviews that literature, uses synthetic data to demonstrate the sensitivity of results to specification choices and to evaluate the power of nonparametric tests, and uses Canadian data to demonstrate a preferred approach to testing the hypothesis of structural change.

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File URL: http://purl.umn.edu/32618
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Bibliographic Info

Article provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.

Volume (Year): 16 (1991)
Issue (Month): 01 (July)
Pages:

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Handle: RePEc:ags:wjagec:32618

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Web page: http://waeaonline.org/
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Related research

Keywords: Demand and Price Analysis;

References

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  1. Belongia, Michael T & Chalfant, James A, 1989. "The Changing Empirical Definition of Money: Some Estimates from a Model of the Demand for Money Substitutes," Journal of Political Economy, University of Chicago Press, vol. 97(2), pages 387-97, April.
  2. Murray, Jane, 1984. "Retail Demand for Meat in Australia: A Utility Theory Approach," The Economic Record, The Economic Society of Australia, vol. 60(168), pages 45-56, March.
  3. Gallant, A. Ronald, 1981. "On the bias in flexible functional forms and an essentially unbiased form : The fourier flexible form," Journal of Econometrics, Elsevier, vol. 15(2), pages 211-245, February.
  4. Choi, Seungmook & Sosin, Kim, 1992. "Structural Change in the Demand for Money," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(2), pages 226-38, May.
  5. Chalfant, James A & Alston, Julian M, 1988. "Accounting for Changes in Tastes," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 391-410, April.
  6. LaFrance, Jeffrey T., 1991. "When Is Expenditure "Exogenous" In Separable Demand Models?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), July.
  7. Chalfant, James A, 1987. "A Globally Flexible, Almost Ideal Demand System," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(2), pages 233-42, April.
  8. Moschini, GianCarlo & Meilke, Karl D., 1989. "Modeling the Pattern of Structural Change in U.S. Meat Demand," Staff General Research Papers 11266, Iowa State University, Department of Economics.
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