Capturing structural changes in French meat and fish demand over the period 1991-2002

Détection des changements structurels dans la demande de viande et de poisson français au cours de la période 1991-2002

Olivier Allais () and Véronique Nichèle
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Véronique Nichèle: CORELA - Laboratoire de Recherche sur la Consommation - INRA - Institut National de la Recherche Agronomique

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Abstract: A time-varying coefficient demand system, the Markov switching almost ideal demand model, is proposed to shed new light on change over time in the structure of French meat and fish demand. The main feature of this model is that the switching mechanism from one structure of demand to the other is controlled by an unobserved variable that follows a Markov chain. Our model accurately captures the two Bovine Spongiform Encephalopathy (BSE) crises of recent years. We estimate that the 1996 BSE crisis lasted almost three years, whereas the second BSE crisis for just lasted five 4-week periods.

Keywords: DEMANDE (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (4)

Published in European Review of Agricultural Economics, 2007, 34 (4), pp.517-538. ⟨10.1093/erae/jbm033⟩

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Journal Article: Capturing structural changes in French meat and fish demand over the period 1991--2002 (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02659609

DOI: 10.1093/erae/jbm033

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