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  • 标题:Commercial Disappearance and Composite Demand for Food with an Application to U.S. Meats
  • 本地全文:下载
  • 作者:Reed, Albert J. ; Levedahl, J. William ; Clark, J. Stephen
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2003
  • 页码:53-70
  • 出版社:Food Distribution Research Society
  • 摘要:When elementary prices move strictly proportionately, aggregation over a group of diverse products is valid, and group demand responses can be decomposed into quality and quantity responses. This study shows that when relative elementary prices and group prices are stochastically independent, a similar decomposition is valid. Empirical results suggest consumers respond to changes in prices and income mostly by altering the quality of meat products. These findings imply that using commercial disappearance as a proxy for food demand can be misleading for policy analysis. Key words: commodity aggregation, Composite Commodity Theorem, composite demand, Generalized Composite Commodity Theorem, quantity-quality decomposition
  • 关键词:commodity aggregation;Composite Commodity Theorem;composite demand;Generalized Composite Commodity Theorem;quantity-quality decomposition
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