Estimation of a Censored Demand System in Stratified Sampling: An Analysis of Mexican Meat Demand at the Table Cut Level. Report as inadecuate




Estimation of a Censored Demand System in Stratified Sampling: An Analysis of Mexican Meat Demand at the Table Cut Level. - Download this document for free, or read online. Document in PDF available to download.

Evidence of meat trade in the form of table cuts suggests that consumer preferences and tastes vary across meat cuts. Unlike previous studies, this paper estimates demand elasticities at the table cut level from a Mexican survey of household incomes and expenditures, which is a stratified sample. The study uses the two-step estimation of a censored demand system proposed by Shonkwiler and Yen (1999) but incorporates stratification variables into the estimation procedure. Parameter estimates are reported and its standard errors are approximated by using the bootstrap procedure.

Keywords: censored demand system ; two-step estimation procedure ; stratified sampling ; Mexican meat demand ; elasticities ; adult equivalent scales ; bootstrap standard errors

Subject(s): Consumer/Household Economics

Demand and Price Analysis

Food Consumption/Nutrition/Food Safety

Issue Date: 2009-02

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/46294 Page range: 1-27

Total Pages: 28

JEL Codes: Q11

Record appears in: Southern Agricultural Economics Association (SAEA) > 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia





Author: Lopez, Jose Antonio ; Malaga, Jaime E.

Source: http://ageconsearch.umn.edu/record/46294?ln=en



DOWNLOAD PDF




Related documents