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Volume 45, Issue 2, June 2006 >
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http://purl.umn.edu/31710
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| Title: | Choosing between the AIDS and Rotterdam models: A meat demand analysis case study |
| Authors: | Taljaard, Pieter R.
van Schalkwyk, Herman D.
Alemu, Zerihun Gudeta |
| Authors (Email): | Taljaard, P.R. (taljaapr.sci@mail.uovs.ac.za)
van Schalkwyk, Herman D. (hvs.sci@mail.uovs.ac.za)
Alemu, Z.G. (alemuzg.sci@mail.uovs.ac.za) |
| Issue Date: | 2006-06 |
| Abstract: | Due to the inability of economic theory to choose ex ante between the Almost Ideal Demand System (AIDS) and the Rotterdam model, a non-nested test was used. The results of the non-nested test points to the Linearized-AIDS model applied to 31 years of meat consumption data in South Africa. When comparing the estimated demand relations of the two models, the LA/AIDS model also proved to be better fit for South African meat demand. |
| URI: | http://purl.umn.edu/31710 |
| Institution/Association: | Agrekon>Volume 45, Issue 2, June 2006 |
| Total Pages: | 15 |
| Language: | English |
| From Page: | 158 |
| To Page: | 172 |
| Collections: | Volume 45, Issue 2, June 2006
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