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Consumer Demand for Meat Cuts and Seafood

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Author Info

  • Davis, Christopher G.
  • Lin, Biing-Hwan
  • Yen, Steven T.

Abstract

Household at-home consumption of different types and cuts of meat and fish products is investigated by estimating a large censored demand system with a two-step procedure using ACNielsen's Homescan data. We find different price and expenditure elasticities between low-income and high-income households. High income households are less responsive to price changes, and the substitution patterns also differ between the low- and high-income households. Whereas the uncompensated elasticities suggest a mixture of gross substitutes and complements among the products for both low- and high-income households, the compensated elasticities suggest net substitution is the obvious pattern for the low-income households.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN with number 9855.

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Date of creation: 2007
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Handle: RePEc:ags:aaea07:9855

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Related research

Keywords: censored dependent variables; sample selection model; meat; fish; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; D12; C34;

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Cited by:
  1. Güttler, Stefan, 2008. "Forschung und Entwicklung in der Aquakultur: Ein Überblick über Arbeitsgebiete und offene Fragen," I&I Working Paper 01/2008, Christian-Albrechts-University of Kiel, Department of Agricultural Economics, Section Innovation and Information.

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