Unit Values

Timothy Beatty

No 21108, 2006 Annual meeting, July 23-26, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper investigates the scope of the unit value problem in household level expenditure survey data. I test whether self-reported prices vary with covariates thought to be important in household demand behavior. The paper then measures expenditure elasticity of quality for 196 different food aggregates. Approximately half of the expenditure elasticities estimated are significantly different from zero. Finally, a generalization of the standard quality demand regression is proposed, in which the expenditure elasticity of quality is allowed to vary over the range of total food expenditure. Some food aggregates display significant nonlinearities.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 24
Date: 2006
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/21108/files/sp06be04.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea06:21108

DOI: 10.22004/ag.econ.21108

Access Statistics for this paper

More papers in 2006 Annual meeting, July 23-26, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().