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Distinguishing between Market Participation and Infrequency of Purchase Models of Butter Demand

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  • Noel Blisard
  • James Blaylock

Abstract

Household butter expenditures are modeled by market participation and infrequency-of-purchase specifications. The market participation model assumes that zero expenditures represent either traditional corner solutions or consumers who never use the product, whereas the infrequency-of-purchase model assumes that zero expenditures represent either corner solutions or consumption out of storage. We determine that the infrequency-of-purchase specification is preferred to the market participation model by applying a nonnested test based upon likelihood functions. If household expenditure surveys contained information about participation and frequency of purchase, a likelihood function which contained both models could be written and estimated.

Suggested Citation

  • Noel Blisard & James Blaylock, 1993. "Distinguishing between Market Participation and Infrequency of Purchase Models of Butter Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(2), pages 314-320.
  • Handle: RePEc:oup:ajagec:v:75:y:1993:i:2:p:314-320.
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    File URL: http://hdl.handle.net/10.2307/1242915
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    Cited by:

    1. Kimhi, Ayal, 1996. "Household Demand for Tobacco: Identifying Reasons for Non-Purchases," Working Papers 232693, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
    2. Muhammad Jehangir Khan & G. M. Arif, 2016. "Household Charity in Pakistan: Magnitude, Determinants and Its Importance for the Well-being of Society," PIDE-Working Papers 2016:141, Pakistan Institute of Development Economics.
    3. Stewart, Hayden & Dong, Diansheng, 2018. "The Relationship Between Patronizing Direct-to-Consumer Outlets and a Household’s Demand for Fruits and Vegetables," Economic Research Report 276254, United States Department of Agriculture, Economic Research Service.

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