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EFFECT OF LENGTH OF TIME ON MEASURED DEMAND ELASTICITIES: THE PROBLEM REVISITED

Capps, Oral, and Rodolfo Nayga

No 270856, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study centers attention on the effect of varying lengths of time (weekly, biweekly, monthly observations) on measured demand elasticities for disaggregate fresh beef products. Parameter estimates and elasticities based on monthly data differ from those based on biweekly or weekly data. Generally, inventory adjustment dominates with the latter time intervals. On the other hand, for three of the six disaggregate fresh beef products analyzed, habit formation is the dominating effect with monthly data.

Keywords: Demand and Price Analysis; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 17
Date: 1990-08-05
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Journal Article: Effect of Length of Time on Measured Demand Elasticities: The Problem Revisited (1990) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270856

DOI: 10.22004/ag.econ.270856

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