Price Sensitivities for U.S. Frozen Dairy Products

Price elasticities and flexibilities for frozen dessert products were estimated from weekly scanner data, with emphasis on functional form selection, system misspecification testing, and endogeneity testing. Reciprocals of elasticities and elasticity matrix inversion were invalid means of obtaining flexibility estimates, leaving direct estimation as the only viable, albeit resource-intensive, approach.


Issue Date:
2003-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/43194
Published in:
Journal of Agricultural and Applied Economics, Volume 35, Number 3
Page range:
599-609
Total Pages:
11
JEL Codes:
C32; C52; D11; D12; Q11




 Record created 2017-04-01, last modified 2017-08-25

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