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Co-integration and error-correction modelling of olive oil consumption in Greece

Vangelis Tzouvelekas, Efstratios Loizou, Konstantinos Giannakas () and Konstantinos Mattas

Applied Economics Letters, 2001, vol. 8, issue 8, 539-543

Abstract: This paper provides an empirical analysis of olive oil consumption in Greece for the period 1969-1998 using co-integration analysis. The estimated long and short-run elasticities suggest that prices of olive oil and other seed oils are more significant determinants of olive oil consumption than disposable income.

Date: 2001
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DOI: 10.1080/1350485001320

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