Estimation of a General Class of Demand Functions for Meat in Australia

Lester W. Johnson

Review of Marketing and Agricultural Economics, 1978, vol. 46, issue 02, 10

Abstract: Australian demand for meat and beef equations are estimated using a generalised functional form developed by Box and Cox. On the surface, results do not allow rejection of the usual double-log specification commonly used, but possible reasons for this are suggested. More encouraging is that estimated income elasticities for beef are seen generally to decline over the sample period, a result more in line with a priori expectations. Finally, possible extensions of our work are suggested.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:ags:remaae:10318

DOI: 10.22004/ag.econ.10318

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