000030719 001__ 30719 000030719 005__ 20250206161939.0 000030719 0247_ $$2doi$$a10.22004/ag.econ.30719 000030719 037__ $$a1835-2016-149193 000030719 037__ $$a1835-2016-149943 000030719 041__ $$aeng 000030719 245__ $$aCommercial Disappearance and Composite Demand for Food with an Application to U.S. Meats 000030719 260__ $$c2003-04 000030719 269__ $$a2003-04 000030719 300__ $$a18 000030719 336__ $$aJournal Article 000030719 520__ $$aWhen elementary prices move strictly proportionately, aggregation over a group of diverse products is valid, and group demand responses can be decomposed into quality and quantity responses. This study shows that when relative elementary prices and group prices are stochastically independent, a similar decomposition is valid. Empirical results suggest consumers respond to changes in prices and income mostly by altering the quality of meat products. These findings imply that using commercial disappearance as a proxy for food demand can be misleading for policy analysis. Key words: commodity aggregation, Composite Commodity Theorem, composite demand, Generalized Composite Commodity Theorem, quantity-quality decomposition 000030719 546__ $$aEnglish 000030719 650__ $$aDemand and Price Analysis 000030719 6531_ $$acommodity aggregation 000030719 6531_ $$aComposite Commodity Theorem 000030719 6531_ $$acomposite demand 000030719 6531_ $$aGeneralized Composite Commodity Theorem 000030719 6531_ $$aquantity-quality decomposition 000030719 700__ $$aReed, Albert J. 000030719 700__ $$aLevedahl, J. William 000030719 700__ $$aClark, J. Stephen 000030719 773__ $$q53$$o70$$tJournal of Agricultural and Resource Economics$$j28$$k01$$dApril 2003 000030719 8564_ $$9eaaa1cef-4891-4b60-987b-a3d25ec79079$$s1820484$$uhttps://ageconsearch.umn.edu/record/30719/files/28010053.pdf 000030719 887__ $$ahttp://purl.umn.edu/30719 000030719 909CO $$ooai:ageconsearch.umn.edu:30719$$pGLOBAL_SET 000030719 912__ $$nMade available in DSpace on 2007-03-07T17:06:21Z (GMT). No. of bitstreams: 1 28010053.pdf: 1820484 bytes, checksum: 0a07dcd87715fbe867d2c9c25ba433aa (MD5) Previous issue date: 2003-04 000030719 980__ $$a1835 000030719 982__ $$gJournal of Agricultural and Resource Economics>Volume 28, Number 01, April 2003