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Estimation and inference in cointegrated demand systems: an application to Tunisian meat consumption

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  • M. Ben Kaabia

Abstract

In this paper, a new framework for estimating and identifying cointegrated demand systems is presented. This method is then applied to the analysis of meat demand in Tunisia with an almost ideal demand system functioning as the underlying model. The Johansen and Juselius approach is used to identify cointegrated vectors as demand equations and to test theoretical economic restrictions. Finally, a structural vector autoregressive model is specified and impulse response functions are calculated to analyse both long- and short-run dynamics of demand elasticities. Copyright 2001, Oxford University Press.

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  • M. Ben Kaabia, 2001. "Estimation and inference in cointegrated demand systems: an application to Tunisian meat consumption," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 28(3), pages 349-370, October.
    • Handle: RePEc:oup:erevae:v:28:y:2001:i:3:p:349-370
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    Cited by:

    1. Echeverría, Lucía & Molina, José Alberto, 2021. "Poor vs Non-Poor Households in Uruguay: Welfare Differences from Food Price Changes," GLO Discussion Paper Series 890, Global Labor Organization (GLO).
    2. Cranfield, John A.L. & Haq, Zahoor Ul, 2010. "What impact has food price inflation had on consumer welfare: a global analysis," 2010 Conference (54th), February 10-12, 2010, Adelaide, Australia 58894, Australian Agricultural and Resource Economics Society.
    3. Baek, Ji Won, 2016. "The effects of the Internet and mobile services on urban household expenditures: The case of South Korea," Telecommunications Policy, Elsevier, vol. 40(1), pages 22-38.
    4. Diotallevi, Francesco & Stasi, Antonio, 2010. "La domanda di olio extra-vergine di oliva nel Sud Italia.Quali le migliori strategie:brand leadership, private label o piccoli produttori? [The extra-virgin olive oil demand in South Italia.Whic ar," MPRA Paper 40480, University Library of Munich, Germany.
    5. Frank Jensen & Max Nielsen & Eva Roth, 2003. "Application of the Inverse Almost Ideal Demand System to Welfare Analysis," Working Papers 43/03, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    6. L. Fanelli & M. Mazzocchi, 2004. "Back to the future? Habits and rational addiction in UK tobacco and alcohol demand," Quaderni di Dipartimento 0, Department of Statistics, University of Bologna.

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