A Composite System Demand Analysis For Fresh Fruits And Vegetables In The United States
Price and expenditure elasticities at retail level for 11 fresh fruits and 10 fresh vegetables were estimated by employing a composite demand system approach and using annual data. Most fresh fruits and vegetables were found to respond significantly to changes in their own prices but insignificantly to changes in total expenditures. The demand for fresh fruit group appeared to have had a clear upward trend since 1973. However, no significant trends were found in the demands for individual fresh fruits or vegetables. The study partially incorporated the interdependent demand relationships between fresh fruits (vegetables) and all other commodities, yet effectively avoided the problem of insufficient degrees of freedom.
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- Epperson, James E. & Lei, Li-Fen, 1989. "A Regional Analysis Of Vegetable Production With Changing Demand For Row Crops Using Quadratic Programming," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(01), July.
- Huang, Kuo S., 1985. "U.S. Demand for Food: A Complete System of Price and Income Effects," Technical Bulletins 157014, United States Department of Agriculture, Economic Research Service.
- Huang, Kuo S & Haidacher, Richard C, 1983. "Estimation of a Composite Food Demand System for the United States," Journal of Business & Economic Statistics, American Statistical Association, vol. 1(4), pages 285-91, October.
- Chien, Ming-Che & Epperson, James E., 1990. "An Analysis Of The Competitiveness Of Southeastern Fresh Vegetable Crops Using Quadratic Programming," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(02), December.
- Choi, Seungmook & Sosin, Kim, 1992. "Structural Change in the Demand for Money," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(2), pages 226-38, May.
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