Price Endogeneity and Food Demand in Urban China
نویسندگان
چکیده
منابع مشابه
Dynamic food demand in Urban China
Purpose – The purpose of this paper is to investigate dynamic food demand in urban China, with use of a complete dynamic demand system DLES-LA/DAIDS, which pushes forward the techniques of demand analysis. Design/methodology/approach – We employ a transitionary demand process and develop a new approach of complete demand system with a two-stage dynamic budgeting: an additively separable dynamic...
متن کاملIs urban food demand in the Philippines different from China?
It is essential to understand the consumption pattern of food and how it changes over time to formulate sound economic policies as well as marketing and pricing strategies. In this study, we estimate the Quadratic Almost Ideal Demand System with six rounds of the Family Income Expenditure Survey exploiting the conditional linearity of the demand system. We find that the Filipino diet has become...
متن کاملIncorporating Price and Inventory Endogeneity in Firm-Level Sales Forecasting
As numerous papers have argued, sales, inventory, and gross margin for a retailer are interrelated. We construct a simultaneous equation model to establish these interrelationships at a firm level. Using publicly available financial data we estimate the six causal effects among sales, inventory, and gross margin. Our results show that sales, inventory, and gross margin are mutually endogenous. ...
متن کاملFood Price Bubbles and Government Intervention : Is China Different ?
The last decade has witnessed different price trajectories in the international and Chinese agricultural commodity markets. This paper compares and contrasts these dynamic patterns between markets from the perspective of price bubbles. A newly developed right-tailed unit root testing procedure is applied to detect price bubbles in the CBOT and Chinese agricultural futures market during the peri...
متن کاملFood Demand in China : Lessons from Guangdong Province
There is a substantial controversy in the economic literature over the magnitude of the expenditure elasticity for food grain in China that is caused, to a large extent, by whether time-series or cross-section data are used in the analysis. A set of reasonable elasticities for a complete demand system is estimated by using a panel of county level data in Guangdong Province for the last ten year...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Agricultural Economics
سال: 2016
ISSN: 0021-857X
DOI: 10.1111/1477-9552.12175