MEASURING THE EFFECTS OF THE DISTRIBUTION OF INCOME UPON CONSUMER DEMAND FOR MEATS

William Hahn ()

No 269992, 1987 Annual Meeting, August 2-5, East Lansing, Michigan from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study demonstrates that the market demand for a good is a function of the Moment Generating Function of the income distribution. A model is developed that simultaneously estimates consumers' demand elasticities and the parameters of the Moment Generating Function. Statistical tests support the validity of the model.

Keywords: Consumer/Household Economics; Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 26
Date: 1987-08-02
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea87:269992

DOI: 10.22004/ag.econ.269992

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