Accounting for Changes in Tastes
James Chalfant () and
Julian Alston
Journal of Political Economy, 1988, vol. 96, issue 2, 391-410
Abstract:
Health concerns are thought by many to have shifted consumption away from red meats, though econometric evidence is mixed. Testing for structural change is difficult, especially when on e time series is used for both estimating demand equations and testin g their stability. Specification errors may suggest a shift where non e has occurred. Using nonparametric demand analysis, the authors find that meat consumption patterns in the United States and Australia ca n be explained using only relative prices and expenditures. Only impo sing particular functional forms can reverse the conclusion, suggesti ng that specification errors in econometric demand studies can accoun t for findings of taste changes. Copyright 1988 by University of Chicago Press.
Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (82)
Downloads: (external link)
http://dx.doi.org/10.1086/261543 full text (application/pdf)
Access to full text is restricted to subscribers. See http://www.journals.uchicago.edu/JPE for details.
Related works:
Working Paper: Accounting for Changes in Tastes (1987) 
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:ucp:jpolec:v:96:y:1988:i:2:p:391-410
Access Statistics for this article
More articles in Journal of Political Economy from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().