Can We Take The Con Out Of Meat Demand Studies?
Whimsy in specification choices leads to fragility of inference in econometric studies of structural change in meat demand. The literature contains a variety of results, with many contradictions, attributable largely to differences in specifications. This article reviews that literature, uses synthetic data to demonstrate the sensitivity of results to specification choices and to evaluate the power of nonparametric tests, and uses Canadian data to demonstrate a preferred approach to testing the hypothesis of structural change.
Volume (Year): 16 (1991)
Issue (Month): 01 (July)
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- LaFrance, Jeffrey T., 1991. "When Is Expenditure "Exogenous" In Separable Demand Models?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(01), July.
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American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 71(2), pages 253-261.
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- Gallant, A. Ronald, 1981. "On the bias in flexible functional forms and an essentially unbiased form : The fourier flexible form," Journal of Econometrics, Elsevier, vol. 15(2), pages 211-245, February.
- Chen, Peter Y. & Veeman, Michele M., 1989. "Demand for Meat in Canada: Model Specification and Structural Change," Staff Paper Series 232436, University of Alberta, Department of Resource Economics and Environmental Sociology.
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- 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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