Structural Change via Threshold Effects: Estimating U.S. Meat Demand Using Smooth Transition Functions and the Effects of More Women in the Labor Force

Nestor Rodriguez and James S. Eales

No 206522, 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association

Abstract: Structural change remains a contentious issue in the literature. This study focuses on analyzing structural change in consumer demand for meats, which are modeled over the past half century. A standard inverse demand model is combined with a variant of the Smooth Transition Autoregressive (STAR) model. Results indicate that structural change has occurred and that consumers' preferences for meat are sensitive to the female labor participation rate.

Keywords: Consumer/Household Economics; Demand and Price Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 52
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea15:206522

DOI: 10.22004/ag.econ.206522

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