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Journal of Agricultural and Resource Economics >
Volume 21, Number 02, December 1996 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/31021
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| Title: | A SYMMETRIC APPROACH TO CANADIAN MEAT DEMAND ESTIMATION |
| Authors: | Eales, James S. |
| Issue Date: | 1996-12 |
| Abstract: | Variability in published meat demand elasticity estimates for Canada motivates examining the importance of dynamics and endogeneity of right-hand-side variables. Wickens and Breusch suggest a re-parameterization of dynamics which allows estimating the long-run parameters directly and maintains linearity. A symmetric approach, employing both ordinary and inverse demand systems, to endogeneity of right-hand-side variables is used. Endogeneity of both prices and quantities is examined. Results show both dynamics and endogeneity are important in quarterly Canadian meat demand. |
| URI: | http://purl.umn.edu/31021 |
| Institution/Association: | Journal of Agricultural and Resource Economics>Volume 21, Number 02, December 1996 |
| Total Pages: | 13 |
| Language: | English |
| From Page: | 368 |
| To Page: | 380 |
| Collections: | Volume 21, Number 02, December 1996
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| 21020368.pdf | 928Kb | PDF | View/Open |
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