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A Comparative Study of Modelling the Demand for Food in the United States and the Netherlands

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  • Song, Haiyan
  • Liu, Xiaming
  • Romilly, Peter

Abstract

This paper provides time-series and cross-sectional budget survey analyses of the demand for food in the United States and the Netherlands according to the tasks set by Jan Magnus and Mary Morgan (MM). Various econometric methods, including weighted least squares (WLS), cointegration, error correction, the almost ideal demand system (AIDS), and time-varying parameter (TVP) techniques, are used and the estimated demand elasticities compared across country and over time.

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File URL: http://qed.econ.queensu.ca:80/jae/1997-v12.5/
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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Journal of Applied Econometrics.

Volume (Year): 12 (1997)
Issue (Month): 5 (Sept.-Oct.)
Pages: 593-608

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Handle: RePEc:jae:japmet:v:12:y:1997:i:5:p:593-608

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Cited by:
  1. Song, Haiyan & Witt, Stephen F. & Jensen, Thomas C., 2003. "Tourism forecasting: accuracy of alternative econometric models," International Journal of Forecasting, Elsevier, vol. 19(1), pages 123-141.
  2. Shiyuan Chen & Sally Wallace, 2009. "Food Consumption in Jamaica: A Household and Social Behavior," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0901, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
  3. Daniel, Rascher & Matt, Brown & Mark, Nagel & Chad, McEvoy, 2009. "Where did National Hockey League Fans go During the 2004-2005 Lockout?: An Analysis of Economic Competition Between Leagues," MPRA Paper 25804, University Library of Munich, Germany.
  4. Ville Aalto-Setälä & Jouko Kinnunen & Katri Koistinen, 2004. "Reasons for high food prices in small market areas: The case of the Åland Islands," Agribusiness, John Wiley & Sons, Ltd., vol. 20(1), pages 17-29.
  5. Girapunthong, Napaporn & Ward, Ronald W., 2003. "Demand Drivers For Fresh-Cut Flowers And Their Substitutes: An Application Of Household Expenditure Allocation Models," 2003 Annual meeting, July 27-30, Montreal, Canada 22178, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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