AgEcon Search (University of Minnesota, USA) · 1988 · 44 citations · 14 references
AgricultureAgricultural EconomicsEconomicsFood EconomicsLivestock ProductionMeat ScienceConsumer Demand AnalysisConsumer Food ChoiceDemand AnalysisDemand TheoryFood Consumption EconomicsFood Demand AnalysisBeef EconomicsConsumer Demand SystemsConsumer Demand TheoryConsumer Food DemandHousehold Size HeterogeneityMarket Price EffectsRed Meat Intake
This paper presents estimates of the economic and demographic effects on the demand for steak, roast, and ground beef. Using an almost ideal demand system, the results indicate that demand is inelastic for steak and ground beef, elastic for roast, cross-price effects are significant, and all goods are Hicks-Allen substitutes. The impact of certain demographic effects, such as household size, region, tenancy, and ethnic origin, was generally quite significant. Other demographic variables, such as employment status, shopper, and occupation, were generally not significant.
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Why is demand homogeneity so often rejected?
Kenneth Laitinen · Economics Letters · 1978 · 223 citations