Demand for Meat in Canada: Model Specification and Structural Change

Peter Y. Chen and Michele M. Veeman

No 232436, Staff Paper Series from University of Alberta, Department of Resource Economics and Environmental Sociology

Abstract: Two features of the specification of single-equation models of the demand for meat are explored using Canadian data, specifically the use of meat expenditures versus disposable income in the demand equation and the use of quantity versus price as the dependent variable in the demand models. The appropriateness of the expenditure or income variable is examined using non-nested J tests, and appropriateness of quantity or price as the dependent variable is explored by testing for exogeneity. The impact of different specifications on tests of structural change in the demand for meat is assessed using Chow tests. Conclusions from these tests are sensitive to the alternate specifications, confirming the importance of proper specification of demand functions in appropriate testing for structural change in the demand for meats.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 15
Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/232436/files/ualberta-staffpapers-89-11.pdf (application/pdf)

Related works:
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:ags:ualbsp:232436

DOI: 10.22004/ag.econ.232436

Access Statistics for this paper

More papers in Staff Paper Series from University of Alberta, Department of Resource Economics and Environmental Sociology Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().