SIMULTANEITY AND STRUCTURAL-CHANGE IN UNITED-STATES MEAT DEMAND

被引:73
作者
EALES, JS [1 ]
UNNEVEHR, LJ [1 ]
机构
[1] UNIV ILLINOIS,DEPT AGR ECON,URBANA,IL 61801
关键词
ALMOST IDEAL DEMAND SYSTEMS; MEAT DEMAND; STRUCTURAL CHANGE; SIMULTANEITY;
D O I
10.2307/1242910
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
An inverse of the Almost Ideal Demand System, the IAIDS, is developed in order to test the endogeneity of prices and quantities in the U.S. meat demand system. The IAIDS has all the desirable theoretical properties of the AIDS except aggregation from the micro to the market level. Using annual data, both prices and quantities appear to be endogenous within the entire meat market. Including livestock production costs and technical change indicators as instruments eliminates evidence of a mid 1970s demand change.
引用
收藏
页码:259 / 268
页数:10
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