Explaining Changes in Italian Consumption of Meat: Parametric and Non-parametric Analysis

Gabriele Dono and Gary Thompson ()

European Review of Agricultural Economics, 1994, vol. 21, issue 2, 175-98

Abstract: Lewbel's composite model for comparing the AIDS and Translog demand systems is estimated using Italian meat-consumption data. Preliminary non-parametric diagnoses suggest that exogenous shifters of price and expenditure need not be introduced into a parametric model. By contrast, the parametric analysis demonstrates that demographic shifters can account for substantial changes in patterns of meat consumption. Although a parametric model without demographic variables performs adequately, likelihood ratio tests substantiate that an AIDS model with demographic variables performs even better. Copyright 1994 by Oxford University Press.

Date: 1994
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