Scanner Data and the Estimation of Demand Parameters
Richard Green,
Zuhair Hassan and
Stanley Johnson
Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University
Abstract:
Approaches to the specification of demand systems and the estimation of demand parameters have expanded considerably during recent years (Blundell, 1988). Available empirical estimates have been based on time-series, cross-section, and time-series of cross-section data on individuals, households and more aggregated units. Studies by Capps and Nayga (1990); Capps (1989); Funk, Meilke, and Huff (1977); and Marion and Walker (1978) have employed scanner/retail sales data, a potentially rich new source of information for estimating demand elasticities. Specifically, Capps, and Funk, Meilke, and Huff have utilized data from scanner/retail sales to estimate retail demand functions for meat products in the United States and Canada, respectively.
Date: 1991-04
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Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:91-wp73
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