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https://hdl.handle.net/1959.11/26773
Title: | Testing for pre-committed quantities of Australian meat demand | Contributor(s): | Tighe, Kara (author) ; Piggott, Nicholas (author); Cacho, Oscar ; Mounter, Stuart ; Villano, Renato | Publication Date: | 2019-04 | Early Online Version: | 2019-03-27 | DOI: | 10.1111/1467-8489.12300 | Handle Link: | https://hdl.handle.net/1959.11/26773 | 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. | Publication Type: | Journal Article | Source of Publication: | The Australian Journal of Agricultural and Resource Economics, 63(2), p. 247-264 | Publisher: | Wiley-Blackwell Publishing Asia | Place of Publication: | Australia | ISSN: | 1467-8489 1364-985X |
Fields of Research (FoR) 2008: | 140201 Agricultural Economics | Fields of Research (FoR) 2020: | 380101 Agricultural economics | Socio-Economic Objective (SEO) 2008: | 910211 Supply and Demand | Socio-Economic Objective (SEO) 2020: | 150511 Supply and demand | Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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Appears in Collections: | Journal Article UNE Business School |
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