Hostname: page-component-7479d7b7d-8zxtt Total loading time: 0 Render date: 2024-07-15T22:34:30.232Z Has data issue: false hasContentIssue false

Some Evidence and Implications of Structurel Change in Retail Demand for Meats

Published online by Cambridge University Press:  28 April 2015

J. C. O. Nyankori
Affiliation:
Department of Agricultural Economics and Rural Sociology, Clemson University
G. H. Miller
Affiliation:
Department of Agricultural Economics and Rural Sociology, Clemson University

Extract

Economic theory suggests that demand behavior is time variant, but does not offer much insight into the nature of the temporal variation. For practical purposes, at least two interpretations regarding the time behavior of demand relationships may be advanced.

Type
Research Article
Copyright
Copyright © Southern Agricultural Economics Association 1982

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Brown, R. L., Durbin, J. and Evans, J. M.. “Techniques for Testing the Consistency of Regression Relationships Over Time.J. Roy. Stat. Soc. (Series B) 37(1975):149163.Google Scholar
Cooley, T. D. and Prescott, E.. “Varying Parameter Regression: A Theory and Some Applications.Ann. Econ. and Soc. Meas. 2(1973):463473.Google Scholar
Goldfeld, S. M. and Quandt, R. E.. “The Estimation of Structural Shifts by Switching Regressions.Ann. Econ. and Soc. Meas. 2(1973):475485.Google Scholar
Poirier, D. J.The Econometrics of Structural Change with Special Emphasis on Spline Functions. Amsterdam: North-Holland Publ. Co., 1976.Google Scholar
Tomek, W. G. and Robinson, K. L.. Agricultural Product Prices. Ithaca: Cornell University Press, 1972.Google Scholar
U.S. Department of Agriculture. Food Consumption, Prices and Expenditures. ESS Agr. Econ. Rep. No. 138. Washington, D.C., 1980.Google Scholar
U.S. Department of Agriculture. Livestock and Meat Statistics Supplement for 1980. ERS Stat. Bull. No. 522. Washington, D.C., 1980.Google Scholar
Ward, R. W. and Tilley, D. S.. “Time Varying Parameters with Random Components.S. J. Agr. Econ. 12 (1980):514.Google Scholar