THE DEMAND FOR BEEF PRODUCTS: CROSS-SECTION ESTIMATION OF DEMOGRAPHIC AND ECONOMIC EFFECTS
Dale Heien and
Greg Pompelli
Western Journal of Agricultural Economics, 1988, vol. 13, issue 01, 8
Abstract:
This paper presents estimates of the economic and demographic effects on the demand for steak, roast, and ground beef. Using an almost ideal demand system, the results indicate that demand is inelastic for steak and ground beef, elastic for roast, cross-price effects are significant, and all goods are Hicks-Allen substitutes. The impact of certain demographic effects, such as household size, region, tenancy, and ethnic origin, was generally quite significant. Other demographic variables, such as employment status, shopper, and occupation, were generally not significant.
Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Date: 1988
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Citations: View citations in EconPapers (26)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32155
DOI: 10.22004/ag.econ.32155
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