EconPapers    
Economics at your fingertips  
 

Empirical Econometric Modelling of Food Consumption Using a New Informational Complexity Approach

Peter Bearse, Hamparsum Bozdogan and Alan M Schlottmann

Journal of Applied Econometrics, 1997, vol. 12, issue 5, 563-86

Abstract: This paper is concerned with empirical econometric modeling of food consumption in the USA and the Netherlands. Using autoregressive distributed lag models (ADLs) selected via the Informational Complexity (ICOMP) criterion, we study the relationship between food consumption and income. Whether food consumption obeys the homogeneity postulate is tested using information criteria. Using information-theoretic techniques, we identify the optimal information set and lag order for a Vector Autoregressive (VAR) forecast of food consumption in the Netherlands we demonstrate how multisample cluster analysis, a combinatorial grouping of samples or data matrices, can be used to determine when the pooling of data sets is appropriate, and how ICOMP can be used in conjunction with the Genetic Algorithm (GA) to determine the optimal predictors in the celebrated seemingly unrelated regressions (SUR) model framework.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
http://qed.econ.queensu.ca:80/jae/1997-v12.5/ Supporting data files and programs (text/html)

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:jae:japmet:v:12:y:1997:i:5:p:563-86

Ordering information: This journal article can be ordered from
http://www3.intersci ... e.jsp?issn=0883-7252

Access Statistics for this article

Journal of Applied Econometrics is currently edited by M. Hashem Pesaran

More articles in Journal of Applied Econometrics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().

 
Page updated 2023-11-14
Handle: RePEc:jae:japmet:v:12:y:1997:i:5:p:563-86