An Empirical Analysis of Intertemporal and Demographic Variations in Consumer Preferences

Mary F. Kokoski

American Journal of Agricultural Economics, 1986, vol. 68, issue 4, 894-907

Abstract: Analysis of consumer demand behavior typically focusses on either the cross-sectional dimension or takes a time-series approach. The former ignores intertemporal changes in preferences, and the latter ignores differences in preferences among different groups of consumers. In this study two identically defined cross sections of expenditure data are used to estimate a nonhomothetic demand system for food at home for three demographic groups. The results indicate that both demographic and intertemporal differences in preferences are significant and that the method of incorporating demographic variables into the estimation is also important.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:68:y:1986:i:4:p:894-907.

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