Tighe, Kara; Piggott, Nicholas; Cacho, Oscar; Mounter, Stuart; Villano, Renato

Author(s)

Tighe, Kara

Piggott, Nicholas

Cacho, Oscar

Mounter, Stuart

Villano, Renato

Publication Date

2019-04

Abstract

Pre‐committed consumption represents the portion of demand that is determined by non‐price and non‐income factors. This study uses quarterly data to estimate a Generalised Almost Ideal Demand System (GAIDS) to test for the existence of pre‐committed meat consumption in Australia. Two specifications are estimated to evaluate the impact of seasonal and time trend factors on pre‐committed demand. Evidence is found for the existence of pre‐committed chicken consumption when jointly estimated with seasonal and time trend factors. Results support improved demand modelling of Australian meat consumption using the GAIDS and provide insights into how Australian meat demand is affected by price, expenditures, pre‐committed consumption, seasonality, and trends.

Citation

The Australian Journal of Agricultural and Resource Economics, 63(2), p. 247-264

ISSN

1467-8489

1364-985X

Link

https://hdl.handle.net/1959.11/26773

Publisher

Wiley-Blackwell Publishing Asia

Title

Testing for pre-committed quantities of Australian meat demand

Type of document

Journal Article

Entity Type

Publication

Author(s)	Tighe, Kara Piggott, Nicholas Cacho, Oscar Mounter, Stuart Villano, Renato
Publication Date	2019-04
Abstract	Pre‐committed consumption represents the portion of demand that is determined by non‐price and non‐income factors. This study uses quarterly data to estimate a Generalised Almost Ideal Demand System (GAIDS) to test for the existence of pre‐committed meat consumption in Australia. Two specifications are estimated to evaluate the impact of seasonal and time trend factors on pre‐committed demand. Evidence is found for the existence of pre‐committed chicken consumption when jointly estimated with seasonal and time trend factors. Results support improved demand modelling of Australian meat consumption using the GAIDS and provide insights into how Australian meat demand is affected by price, expenditures, pre‐committed consumption, seasonality, and trends.
Citation	The Australian Journal of Agricultural and Resource Economics, 63(2), p. 247-264
ISSN	1467-8489 1364-985X
Link	https://hdl.handle.net/1959.11/26773
Publisher	Wiley-Blackwell Publishing Asia
Title	Testing for pre-committed quantities of Australian meat demand
Type of document	Journal Article
Entity Type	Publication

Testing for pre-committed quantities of Australian meat demand

Files: