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TRANSLATING AND SCALING OF BUDGET SHARES: AN EMPIRICAL ANALYSIS OF CHINESE URBAN HOUSEHOLD DEMAND FOR MEAT

Kang Ernest Liu and Wen S. Chern

No 20001, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The importance of incorporating demographic effects into a demand system is demonstrated using Lewbel's unified functions. In this study, the empirical analysis of meat demand in urban China shows the benefit of utilizing the translation and scaling of budget shares.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20001

DOI: 10.22004/ag.econ.20001

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