IDEAS home Printed from https://ideas.repec.org/p/ags/fdcrrp/104335.html

Conditional Demand System for Beverages

Author

Listed:
  • Brown, Mark G.
  • Jauregui, Carlos E.

Abstract

Estimates of a conditional demand system for twelve beverages, based on the Rotterdam model subject to a full, first-order autoregressive process, are discussed. Impacts of beverage prices, total beverage expenditures and promotions on beverage quantities demanded are provided. The results indicate that all beverages were normal goods; the majority had price elastic demands; most had a relatively large own-promotion effect; and a number of significant cross-promotional effects exist, indicating a relatively high level of competition for market share among the beverages studied.

Suggested Citation

  • Brown, Mark G. & Jauregui, Carlos E., "undated". "Conditional Demand System for Beverages," Research papers 104335, Florida Department of Citrus.
    • Handle: RePEc:ags:fdcrrp:104335
    DOI: 10.22004/ag.econ.104335
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/104335/files/RP%202011-1.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.104335?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Brown, Mark G., 2008. "Impact of Income on Price and Income Responses in the Differential Demand System," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(2), pages 593-608, August.
    2. BARTEN, Anton P., 1969. "Maximum likelihood estimation of a complete system of demand equations," LIDAM Reprints CORE 34, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Barten, A. P., 1969. "Maximum likelihood estimation of a complete system of demand equations," European Economic Review, Elsevier, vol. 1(1), pages 7-73.
    4. Brown, Mark G. & Behr, Robert M. & Lee, Jonq-Ying, 1994. "Conditional Demand And Endogeneity? A Case Study Of Demand For Juice Products," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(01), pages 1-12, July.
    5. Brown, Mark G. & Lee, Jonq-Ying, 2007. "Impacts of Promotional Tactics in a Conditional Demand System for Beverages," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 25(2), pages 1-16.
    6. Berndt, Ernst R & Savin, N Eugene, 1975. "Estimation and Hypothesis Testing in Singular Equation Systems with Autoregressive Disturbances," Econometrica, Econometric Society, vol. 43(5-6), pages 937-957, Sept.-Nov.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brown, Mark G., "undated". "Preference Variable Impacts in Direct and Inverse Differential Demand Systems," Research papers 104331, Florida Department of Citrus.
    2. Adrian R. Fleissig, 2016. "Changing Trends in U.S. Alcohol Demand," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 44(3), pages 263-276, September.
    3. Barnett, William A. & Serletis, Apostolos, 2008. "Consumer preferences and demand systems," Journal of Econometrics, Elsevier, vol. 147(2), pages 210-224, December.
    4. Laura Spierdijk & Sherrill Shaffer & Tim Considine, 2016. "Adapting to Changing Input Prices in Response to the Crisis: The Case of U.S. Commercial Banks," CAMA Working Papers 2016-15, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    5. Paris, Quirino & Caracciolo, Francesco, 2012. "Quantity Versus Shares in Estimating Demand Systems," Working Papers 124575, University of California, Davis, Department of Agricultural and Resource Economics.
    6. van Heeswijk, B J & de Boer, P M C & Harkema, R, 1993. "A Dynamic Specification of an AIDS Import Allocation Model," Empirical Economics, Springer, vol. 18(1), pages 57-73.
    7. Cockx, Bart & Ghirelli, Corinna, 2016. "Scars of recessions in a rigid labor market," Labour Economics, Elsevier, vol. 41(C), pages 162-176.
    8. David K. Foot & William J. Milne, 1989. "Multiregional Estimation of Gross Internal Migration Flows," International Regional Science Review, , vol. 12(1), pages 29-43, April.
    9. Anton P. Barten & Michael McAleer, 1997. "Comparaison de la performance du point de vue empirique de systèmes de demandes alternatifs," L'Actualité Economique, Société Canadienne de Science Economique, vol. 73(1), pages 27-45.
    10. Johnson, S. R. & Safyurtlu, A. N., 1984. "A Demand Matrix for Major Food Commodities in Canada," Working Papers 243870, Agriculture and Agri-Food Canada.
    11. Paul Cashin, 1991. "A Model Of The Disaggregated Demand For Meat In Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 35(3), pages 263-283, December.
    12. Apostolos Serletis & Libo Xu, 2020. "Demand systems with heteroscedastic disturbances," Empirical Economics, Springer, vol. 58(4), pages 1913-1921, April.
    13. Serletis, Apostolos & Xu, Libo, 2022. "Interfuel substitution: A copula approach," Journal of Commodity Markets, Elsevier, vol. 28(C).
    14. Kilmer, Richard L. & Washington, Andrew A., 2000. "The Derived Demand For Imported Cheese In Hong Kong Differentiated By Source Country Of Production," 2000 Annual meeting, July 30-August 2, Tampa, FL 21724, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Okrent, Abigail M. & Alston, Julian M., 2011. "Demand for Food in the United States: A Review of Literature, Evaluation of Previous Estimates, and Presentation of New Estimates of Demand," Monographs, University of California, Davis, Giannini Foundation, number 251908.
    16. Lahatte, Agenor, 2003. "Restrictions on the autoregressive parameters of share systems with spatial dependence," Economics Letters, Elsevier, vol. 78(2), pages 225-229, February.
    17. Blanciforti, Laura, 1982. "The Almost Ideal Demand System: A Comparison And Application To Food," 1982 Annual Meeting, August 1-4, Logan, Utah 279459, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Brown, Mark G. & Lee, Jonq-Ying, 2000. "A Uniform Substitute Demand Model With Varying Coefficients," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(01), pages 1-10, April.
    19. Brown, Mark G., 2006. "Impact of Income on Price and Income Responses in the Differential Demand System," Research papers 36836, Florida Department of Citrus.
    20. Sarath Divisekera & Jim Deegan, 2010. "An analysis of consumption behaviour of foreign tourists in Ireland," Applied Economics, Taylor & Francis Journals, vol. 42(13), pages 1681-1697.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:fdcrrp:104335. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.floridajuice.com/industry_market.php .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.