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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1986-006, Federal Reserve Bank of St. Louis.
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Staff General Research Papers
11266, Iowa State University, Department of Economics.
- Giancarlo Moschini & Karl D. Meilke, 1989. "Modeling the Pattern of Structural Change in U.S. Meat Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(2), pages 253-261.
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