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文章基本信息

  • 标题:Expectations, Demand Shifts, and Milk Supply Response
  • 本地全文:下载
  • 作者:Reed, Albert J.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:1992
  • 期号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要:The demand for dairy products shifted during the past decade to items with less fat. This, along with a dairy surplus, has led to a generic advertising campaign by the industry. Consumers have responded by increasing dairy product purchases, while changes in the provisions of the dairy support program have altered Government demands as well. This study compares effects of a shift in demand under two different assumptions regarding producer expectations.
  • 关键词:Demand shifts;rational expectations;static expectations;dynamic programming;bootstrap estimation;inequality restrictions
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