Impact of NAFTA on the Preference for Meat Consumption in USA: An Inverse Demand System Approach
AbstractThis study examines the impacts of NAFTA on meat demand and develops an inverse demand system model for meat to analyze price and scale flexibility. The inverse demand system model for meat products suggests that, After NAFTA, there is a decline in average on the preference for beef consumption. The availability of low quality beef and the concern over infectious disease through the imported beef might be the reasons for this decline on the preference for beef consumption. Results show that all meats are substitutes to each other and proportionate increase in all meats reduce the price for meats.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Econjournals in its journal International Journal of Economics and Financial Issues.
Volume (Year): 2 (2012)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.econjournals.com
Inverse demand system model; NAFTA; Price and Scale Flexibility;
Find related papers by JEL classification:
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Moschini, GianCarlo & Vissa, Anuradha, 1992. "A Linear Inverse Demand System," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(02), December.
- K. K. Gary Wong & Keith R. McLaren, 2005. "Specification and Estimation of Regular Inverse Demand Systems: A Distance Function Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(4), pages 823-834.
- Toshinobu Matsuda, 2005. "Forms of Scale Curves and Differential Inverse Demand Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(3), pages 786-795.
- Kesavan, T & Buhr, Brian, 1995. "Price Determination and Dynamic Adjustments: An Inverse Demand System Approach to Meat Products in the United States," Empirical Economics, Springer, vol. 20(4), pages 681-98.
- Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June.
- Barten, A. P. & Bettendorf, L. J., 1989. "Price formation of fish : An application of an inverse demand system," European Economic Review, Elsevier, vol. 33(8), pages 1509-1525, October.
- Moschini, GianCarlo & Vissa, A., 1992. "Linear Inverse Demand System, A," Staff General Research Papers 11250, Iowa State University, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilhan Ozturk).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.