Milk, soft drink and juice consumption is investigated for children and adolescents in the USA. Full-information maximum likelihood estimator (FIML) and parsimonious quasi maximum-likelihood (QML) alternative are used to estimate a censored system of beverage equations. The QML estimator is found to be an acceptable alternative to the FIML estimator for the empirical application considered. We find displacement of milk by soft drinks as a child or adolescent grows older. Income, TV watching, gender, race, and other demographic variables also play significant roles in determining beverage consumption. Copyright 2002, Oxford University Press.
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Article provided by Oxford University Press for the Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economies.
Volume (Year): 29 (2002) Issue (Month): 1 (March) Pages: 85-104 Download reference. The following formats are available: HTML
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