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Spanish food demand: a dynamic approach

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  • A. Gracia
  • J. M. Gil
  • A. M. Angulo

Abstract

Other empirical works have demonstrated that Spanish food demand seems to have a dynamic structure. However, the commonly used dynamization processes are too restrictive to explain the dynamic food consumers' behaviour. A more general model that is able to incorporate different dynamic structures (partial adjustment, first autoregressive, and static) and allows for direct estimation of long-run coefficients has been used. This general framework is applied to the Generalized Addilog Demand System (GADS) for annual Spanish data covering 1964 to 1991. Results indicate that an autoregressive GADS fits well the data, satisfying the theoretic restrictions. Finally, the expenditure and price elasticities are calculated.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 30 (1998)
Issue (Month): 10 ()
Pages: 1399-1405

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Handle: RePEc:taf:applec:v:30:y:1998:i:10:p:1399-1405

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Cited by:
  1. GianCarlo Moschini & Harun Bulut & Luigi Cembalo, 2005. "On the Segregation of Genetically Modified, Conventional, and Organic Products in European Agriculture: A Multi-market Equilibrium Analysis," Center for Agricultural and Rural Development (CARD) Publications 05-wp411, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  2. Filippini, M. & Masiero, G. & Moschetti, K., 2009. "Regional consumption of antibiotics: A demand system approach," Economic Modelling, Elsevier, vol. 26(6), pages 1389-1397, November.
  3. Angulo, Ana Maria & Mtimet, Nadhem & Gil, Jose Maria, 2008. "Análisis de la demanda de alimentos en España considerando el impacto de la dieta sobre la salud," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 8(2).
  4. Angulo, Ana Maria & Gil, Jose Maria & Mur, Jesus, 2002. "Spanish Demand for Food Away From Home: A Panel Data Approach," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24977, European Association of Agricultural Economists.

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