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A New Strategy For Testing Convergence In Tastes

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  • Moro, Daniele
  • Sckokai, Paolo
  • Mazzocchi, Mario

Abstract

A test for convergence in food tastes based on the estimation of a time-varying-parameter demand system is proposed; the test uses a notion of convergence in time series that looks at equality in the long-term forecasts of parameter estimates through cointegration techniques. An empirical application is provided.

Suggested Citation

  • Moro, Daniele & Sckokai, Paolo & Mazzocchi, Mario, 2000. "A New Strategy For Testing Convergence In Tastes," 2000 Annual meeting, July 30-August 2, Tampa, FL 21759, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21759
    DOI: 10.22004/ag.econ.21759
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    References listed on IDEAS

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    2. Gil, Jose M & Gracia, A & Perez y Perez, L, 1995. "Food Consumption and Economic Development in the European Union," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(3), pages 385-399.
    3. Moschini, Giancarlo & Moro, Daniele, 1996. "Structural Change and Demand Analysis: A Cursory Review," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 23(3), pages 239-261.
    4. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-1085, December.
    5. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
    6. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
    7. Doran, Howard E. & Rambaldi, Alicia N., 1997. "Applying linear time-varying constraints to econometric models: With an application to demand systems," Journal of Econometrics, Elsevier, vol. 79(1), pages 83-95, July.
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    Keywords

    Consumer/Household Economics;

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