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Food Scares and Demand Recovery Patterns: An Econometric Investigation

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Author Info
Mazzocchi, Mario

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Abstract

This paper aims to propose a flexible stochastic approach to measure the time pattern of a food scare, which does not require the inclusion of additional explanatory variables such as a media coverage indices and easily accommodates the reoccurrence of the same or different scares. We show the results of an application to Italian demand for beef and chicken, which has been affected by the BSE and dioxin scares over the last decade.

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Publisher Info
Paper provided by European Association of Agricultural Economists in its series 84th Seminar, February 8-11, 2004, Zeist, The Netherlands with number 24990.

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Date of creation: 2004
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Handle: RePEc:ags:eaae84:24990

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Related research
Keywords: demand analysis; food scare; BSE; Almost Ideal Demand System; Kalman filter; Food Consumption/Nutrition/Food Safety;

References listed on IDEAS
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  1. Alessie, Rob & Kapteyn, Arie, 1991. "Habit Formation, Interdependent References and Demographic Effects in the Almost Ideal Demand System," Economic Journal, Royal Economic Society, vol. 101(406), pages 404-19, May. [Downloadable!] (restricted)
  2. Verbeke, Wim & Ward, Ronald W., 2001. "A fresh meat almost ideal demand system incorporating negative TV press and advertising impact," Agricultural Economics, Blackwell, vol. 25(2-3), pages 359-374, September. [Downloadable!] (restricted)
  3. Nicholas E. Piggott & Thomas L. Marsh, 2004. "Does Food Safety Information Impact U.S. Meat Demand?," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 86(1), pages 154-174, 02. [Downloadable!] (restricted)
  4. M.-J.J. Mangen & A.M. Burrell, 2001. "Decomposing Preference Shifts for Meat and Fish in the Netherlands," Journal of Agricultural Economics, Blackwell Publishing, vol. 52(2), pages 16-28. [Downloadable!] (restricted)
  5. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June. [Downloadable!] (restricted)
  6. Foster, William & Just, Richard E., 1989. "Measuring welfare effects of product contamination with consumer uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 266-283, November. [Downloadable!] (restricted)
  7. Burton, Michael & Young, Trevor, 1996. "The Impact of BSE on the Demand for Beef and Other Meats in Great Britain," Applied Economics, Taylor and Francis Journals, vol. 28(6), pages 687-93, June. [Downloadable!] (restricted)
  8. Watson, Mark W. & Engle, Robert F., 1983. "Alternative algorithms for the estimation of dynamic factor, mimic and varying coefficient regression models," Journal of Econometrics, Elsevier, vol. 23(3), pages 385-400, December. [Downloadable!] (restricted)
  9. Mario Mazzocchi, 2003. "Time-varying coefficients in the Almost Ideal Demand System: an empirical appraisal," European Review of Agricultural Economics, Oxford University Press for the Foundation for the European Review of Agricultural Economics, vol. 30(2), pages 241-270, June.
  10. Fraser, Iain & Moosa, Imad A, 2002. " Demand Estimation in the Presence of Stochastic Trend and Seasonality: The Case of Meat Demand in the United Kingdom," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 84(1), pages 83-89, February. [Downloadable!] (restricted)
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