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The Formal Logic Of Testing Structural Change In Meat Demand: A Methodological Analysis

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  • Davis, George C.

Abstract

In the past two decades, the profession has expended valuable resources testing structural change in meat demand with mixed results. Overlooked to date is a fundamental methodological problem that transcends all of the methods of testing for structural change. In this study, a formal logic framework is utilized in which methodological problems associated with any hypothesis test can be analyzed. Within this framework, it is proven that there is no valid test of any single hypothesis, including structural change. Because of this result, additional criteria from the methodology literature are then used to evaluate the literature on structural change in meat demand.

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File URL: http://purl.umn.edu/23975
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Bibliographic Info

Paper provided by Texas A&M University, Department of Agricultural Economics in its series Faculty Paper Series with number 23975.

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Date of creation: 1997
Date of revision:
Handle: RePEc:ags:tamufp:23975

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Postal: College Station, TX 77849-2124
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Web page: http://agecon.tamu.edu/
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Related research

Keywords: logic; meat demand; methodology; structural change; Demand and Price Analysis;

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Cited by:
  1. Holt, Matthew T. & Balagtas, Joseph V., 2009. "Estimating Structural Change with Smooth Transition Regressions: an Application to Meat Demand," MPRA Paper 15331, University Library of Munich, Germany.
  2. Tomek, William G. & Kaiser, Harry M., 1999. "On Improving Econometric Analyses Of Generic Advertising Impacts," Working Papers 14755, Cornell University, Department of Applied Economics and Management.
  3. Zhen, Chen & Wohlgenant, Michael K., 2005. "Meat Demand under Rational Habit Persistence," 2005 Annual meeting, July 24-27, Providence, RI 19145, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Bryant, Henry L. & Davis, George C., 2003. "Information Based Model Averaging And Internal Metanalysis In Seemingly Unrelated Regressions With An Application To A Demand System," 2003 Annual meeting, July 27-30, Montreal, Canada 21918, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  5. Bryant, Henry L. & Davis, George C., 2001. "Beyond The Model Specification Problem: Model And Parameter Averaging Using Bayesian Techniques," 2001 Annual meeting, August 5-8, Chicago, IL 20689, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  6. Davis, George C., 2004. "The Structure of Models: Understanding Theory Reduction and Testing with a Production Example," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 29(01), April.

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