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Using Weak Separability and Generalized Composite Commodity Theorem in Modeling Ground Beef Demand

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  • Schulz, Lee L.
  • Schroeder, Ted C.
  • Xia, Tian

Abstract

Ground beef is an important component of overall beef demand. We utilize retail scanner data of branded ground beef with differing lean percentage levels to provide information on appropriate aggregation schemes and determine whether these schemes are consistent with weakly separable preferences. This study provides the first estimated price and income elasticities for individual ground beef lean percentage and branded products. These estimates provide better understanding of how consumers make decisions concerning ground beef purchases.

Suggested Citation

  • Schulz, Lee L. & Schroeder, Ted C. & Xia, Tian, 2011. "Using Weak Separability and Generalized Composite Commodity Theorem in Modeling Ground Beef Demand," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103904, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea11:103904
    DOI: 10.22004/ag.econ.103904
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    1. Oral Capps & H. Alan Love, 2002. "Econometric Considerations in the Use of Electronic Scanner Data to Conduct Consumer Demand Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(3), pages 807-816.
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    Keywords

    Demand and Price Analysis;

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