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Measuring The Effects Of The Distribution Of Income Upon Consumer Demand For Meats

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  • Hahn, William F.

Abstract

This study demonstrates that the market demand for a good is a function of the Moment Generating Function of the income distribution. A model is developed that simultaneously estimates consumers' demand elasticities and the parameters of the Moment Generating Function. Statistical tests support the validity of the model.

Suggested Citation

  • Hahn, William F., 1987. "Measuring The Effects Of The Distribution Of Income Upon Consumer Demand For Meats," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269992, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea87:269992
    DOI: 10.22004/ag.econ.269992
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    References listed on IDEAS

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    1. Berndt, Ernst R & Darrough, Masako N & Diewert, W E, 1977. "Flexible Functional Forms and Expenditure Distributions: An Application to Canadian Consumer Demand Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(3), pages 651-675, October.
    2. P. Simmons, 1980. "Evidence on the Impact of Income Distribution on Consumer Demand in the UK 1955–68," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(5), pages 893-906.
    3. Muellbauer, John, 1976. "Community Preferences and the Representative Consumer," Econometrica, Econometric Society, vol. 44(5), pages 979-999, September.
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    Cited by:

    1. Unknown, 1990. "Structural Change in Livestock: Causes, Implications, Alternatives," Research Institute on Livestock Pricing 232728, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.

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