FUNCTIONAL FORM SPECIFICATION IN THE QUARTERLY DEMAND FOR RED MEATS IN CANADA

Suren(dra) Kulshreshtha

Western Journal of Agricultural Economics, 1979, vol. 04, issue 2, 10

Abstract: Most demand studies, particularly those for food products, choose somewhat arbitrarily either a linear or a log-linear functional form. Since choice of functional form has implications for elasticities and their properties over time, either form may be considered restrictive. An empirical test of functional form in the short-run (quarterly) demand for four red meats is presented in this paper. For beef demand, neither a linear nor a log-linear form is appropriate. Similarly for pork and lamb demand, a linear functional form is not appropriate, but the log-linear one is. For veal demand, although data supported both function forms, a linear form is preferred when seasonal influences are accounted for.

Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Date: 1979
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://ageconsearch.umn.edu/record/32290/files/04020089.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:wjagec:32290

DOI: 10.22004/ag.econ.32290

Access Statistics for this article

More articles in Western Journal of Agricultural Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().