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Effects of Measurement Error in Disappearance Data on Estimated Demand Elasticities for Keats

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  • Brester, Gary W.
  • Wohlgenant, Michael K.

Abstract

The traditional approach of using USDA disappearance data as a proxy for per capita consumption in estimating retail demand elasticities for meats results in biased elasticity estimates. A new procedure for obtaining unbiased estimates is developed that does not impose the assumption of fixed proportions technology in the processing sector.

Suggested Citation

  • Brester, Gary W. & Wohlgenant, Michael K., 1990. "Effects of Measurement Error in Disappearance Data on Estimated Demand Elasticities for Keats," 1990 Annual meeting, August 5-8, Vancouver, Canada 271039, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea90:271039
    DOI: 10.22004/ag.econ.271039
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    References listed on IDEAS

    as
    1. James S. Eales & Laurian J. Unnevehr, 1988. "Demand for Beef and Chicken Products: Separability and Structural Change," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 521-532.
    2. Brester, Gary w. & Wohlgenant, Michael K., 1989. "Estimating Interrelated Demands For Meats Using New Measures For Ground And Table Cut Beef," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270673, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Huang, Kuo S & Haidacher, Richard C, 1983. "Estimation of a Composite Food Demand System for the United States," Journal of Business & Economic Statistics, American Statistical Association, vol. 1(4), pages 285-291, October.
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    6. Michael K. Wohlgenant, 1989. "Demand for Farm Output in a Complete System of Demand Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(2), pages 241-252.
    7. Harp, Harry H., 1980. "The Food Marketing Cost Index: A New Measure for Analyzing Food Price Changes," Technical Bulletins 157677, United States Department of Agriculture, Economic Research Service.
    8. Nelson, Kenneth E. & Duewer, Lawrence A. & Crawford, Terry L., 1989. "Reevaluation of the Beef Carcass-To-Retail Weight Conversion Factor," Agricultural Economic Reports 308082, United States Department of Agriculture, Economic Research Service.
    9. Wohlgenant, Michael K. & Haidacher, Richard C., 1989. "Retail to farm linkage for a complete demand system of food commodities," Technical Bulletins 312312, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

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