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Testing alternative dynamic specifications : an application to meat demand in Belgium
[Tests de spécifications dynamiques alternatives et application à la demande de viande en Belgique]

Author

Listed:
  • Ludo Peeters

    (LUC - Limburg University Center)

  • Yves Surry

    (ESR - Unité de recherche d'Économie et Sociologie Rurales - INRA - Institut National de la Recherche Agronomique)

  • Anja Cielen

    (LUC - Limburg University Center)

Abstract

Cet article examine des spécifications alternatives d'ajustement dynamique en utilisant la version linéarisée du modèle AIDS appliqué à la demande de viande en Belgique. Le modèle estimé incorpore aussi des variables démographiques pour tenir compte des changements structurels dans les préférences des consommateurs. En prenant comme cadre de référence analytique unificateur un modèle à correction d'erreurs du premier ordre, plusieurs tests sont mis en oeuvre pour déterminer et valider la meilleure spécification de modèle dynamique. Les résultats indiquent que l'approche très utilisée d'un modèle dynamique avec un coefficient unique d'ajustement (i. e. la matrice des coefficients d'ajustement est diagonale), ainsi que les modèles statiques et auto-régressifs sont rejetés par les données. La spécification proposée reposant sur un processus d'ajustement dynamique symétrique semble être une alternative prometteuse.

Suggested Citation

  • Ludo Peeters & Yves Surry & Anja Cielen, 1997. "Testing alternative dynamic specifications : an application to meat demand in Belgium [Tests de spécifications dynamiques alternatives et application à la demande de viande en Belgique]," Post-Print hal-02687745, HAL.
  • Handle: RePEc:hal:journl:hal-02687745
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    Cited by:

    1. Verbeke, Wim & Ward, Ronald W., 2001. "A fresh meat almost ideal demand system incorporating negative TV press and advertising impact," Agricultural Economics, Blackwell, vol. 25(2-3), pages 359-374, September.

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