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Measuring the Effects of U.S. Meat Trade on Consumers' Welfare
Published online by Cambridge University Press: 28 April 2015
Abstract
A set of ordinary and inverse demand systems for U.S. quarterly meat consumption is estimated for use to measure the effects of U.S. meat trade on consumers' welfare. The approach is useful to incorporate all direct- and cross-commodity effects into price forecasting and the Hicksian compensating variation measurement.
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- Copyright © Southern Agricultural Economics Association 1993
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