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Household Nutrient Demand: Use of Characteristics Theory and a Common Attribute Model

Published online by Cambridge University Press:  05 September 2016

David B. Eastwood ,
John R. Brooker  and
Danny E. Terry
David B. Eastwood
Affiliation:
Department of Agricultural Economics and Rural Sociology, University of Tennessee
John R. Brooker
Affiliation:
Department of Agricultural Economics and Rural Sociology, University of Tennessee
Danny E. Terry
Affiliation:
Department of Agricultural Economics and Rural Sociology, University of Tennessee Department of Agriculture, Central Missouri State University
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Abstract

A characteristics model, which assumes goods generate a common set of attributes but no unique attribute, is described. The model yielded two equations which were estimated. One was a set of hedonic price equations in which the price paid for each food purchased was a function of imputed attribute prices. This set of equations was estimated at the household level. Nutrient demand equations were estimated across households. Imputed prices, income, and household characteristics including location, size, education, age distribution, and race affected nutrient demand levels.

Keywords

attributecharacteristichedonicpricenutrient demandutility
Type
Submitted Articles
Information
Journal of Agricultural and Applied Economics , Volume 18 , Issue 2 , December 1986 , pp. 235 - 246
Copyright
Copyright © Southern Agricultural Economics Association 1986

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