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Translating And Scaling Of Budget Shares: An Empirical Analysis Of Chinese Urban Household Demand For Meat

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  • Liu, Kang Ernest
  • Chern, Wen S.

Abstract

The importance of incorporating demographic effects into a demand system is demonstrated using Lewbel's unified functions. In this study, the empirical analysis of meat demand in urban China shows the benefit of utilizing the translation and scaling of budget shares.

Suggested Citation

  • Liu, Kang Ernest & Chern, Wen S., 2004. "Translating And Scaling Of Budget Shares: An Empirical Analysis Of Chinese Urban Household Demand For Meat," 2004 Annual meeting, August 1-4, Denver, CO 20001, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20001
    DOI: 10.22004/ag.econ.20001
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    File URL: https://ageconsearch.umn.edu/record/20001/files/sp04li06.pdf
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    References listed on IDEAS

    as
    1. Muellbauer, John, 1977. "Testing the Barten Model of Household Composition Effects and the Cost of Children," Economic Journal, Royal Economic Society, vol. 87(347), pages 460-487, September.
    2. Pollak, Robert A & Wales, Terence J, 1981. "Demographic Variables in Demand Analysis," Econometrica, Econometric Society, vol. 49(6), pages 1533-1551, November.
    3. Chung, Ching-Fan, 2001. "Modelling demand systems with demographic effects based on the modifying function approach," Economics Letters, Elsevier, vol. 73(3), pages 269-274, December.
    4. Arthur Lewbel, 1985. "A Unified Approach to Incorporating Demographic or Other Effects into Demand Systems," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(1), pages 1-18.
    5. C. Andrea Bollino & Federico Perali & Nicola Rossi, 2000. "Linear household technologies," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(3), pages 275-287.
    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. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, October.
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    Cited by:

    1. Chen, Shu-Ling & Chern, Wen S. & Lin, Yi-Ru & Liu, Kang Ernest, 2015. "Effects of food safety and health risk information on demand for food in Taiwan," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205452, Agricultural and Applied Economics Association.

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    Keywords

    Demand and Price Analysis;

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