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Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems


Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems
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Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems


Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems
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Author :
language : en
Publisher:
Release Date : 1997

Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.


"The necessary conditions for multistage budgeting to be at least approximately justified are reviewed, and the plausibility of these assumptions (i.e., weak separability and low variability of price indices with utility level) are discussed. Using no further assumptions, simple relationships between expenditure and price elasticities in different budgeting levels are derived. These results are applied to a three-stage model for a Swedish food consumption, and it is shown that the assumptions are not inappropriate. Restricting the analysis to the last stage of a multistage budgeting process is also shown to lead to considerable errors, which could well have policy consequences."--Editor.



Weak Separability And The Estimation Of Elasticities In Multi Stage Demand Systems


Weak Separability And The Estimation Of Elasticities In Multi Stage Demand Systems
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Author : David L. Edgerton
language : en
Publisher:
Release Date : 1993*

Weak Separability And The Estimation Of Elasticities In Multi Stage Demand Systems written by David L. Edgerton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993* with categories.


"The necessary conditions for multistage budgeting to be at least approximately justified are reviewed, and the plausibility of these assumptions (i.e., weak separability and low variability of price indices with utility level) are discussed. Using no further assumptions, simple relationships between expenditure and price elasticities in different budgeting levels are derived. These results are applied to a three-stage model for a Swedish food consumption, and it is shown that the assumptions are not inappropriate. Restricting the analysis to the last stage of a multistage budgeting process is also shown to lead to considerable errors, which could well have policy consequences."--Editor.



Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems


Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems
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Author : David Edgerton
language : en
Publisher:
Release Date : 2020

Weak Separability And The Estimation Of Elasticities In Multistage Demand Systems written by David Edgerton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.


The necessary conditions for multistage budgeting to be at least approximately justified are reviewed, and the plausibility of these assumptions (i.e., weak separability and low variability of price indices with utility level) are discussed. Using no further assumptions, simple relationships between expenditure and price elasticities in different budgeting levels are derived. These results are applied to a three-stage model for Swedish food consumption, and it is shown that the assumptions are not inappropriate. Restricting the analysis to the last stage of a multistage budgeting process is also shown to lead to considerable errors, which could well have policy consequences.



Demand Systems Estimation


Demand Systems Estimation
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Author : Stanley R. Johnson
language : en
Publisher: Ames : Iowa State University Press
Release Date : 1984

Demand Systems Estimation written by Stanley R. Johnson and has been published by Ames : Iowa State University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.




Demand System Specification And Estimation


Demand System Specification And Estimation
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Author :
language : en
Publisher:
Release Date : 1992

Demand System Specification And Estimation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Consumer behavior categories.


This study of demand analysis links economic theory to empirical analysis. It demonstrates how theory can be used to specify equation systems suitable for empirical analysis, and discusses demand systems estimation using both per capita time series and household budget data.



Applied Econometrics With Sas


Applied Econometrics With Sas
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Author : Barry K. Goodwin
language : en
Publisher: SAS Institute
Release Date : 2018-04-04

Applied Econometrics With Sas written by Barry K. Goodwin and has been published by SAS Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-04 with Computers categories.


Using Applied Econometrics with SAS: Modeling Demand, Supply, and Risk, you will quickly master SAS applications for implementing and estimating standard models in the field of econometrics. This guide introduces you to the major theories underpinning applied demand and production economics. For each of its three main topics—demand, supply, and risk—a concise theoretical orientation leads directly into consideration of specific economic models and econometric techniques, collectively covering the following: Double-log demand systems Linear expenditure systems Almost ideal demand systems Rotterdam models Random parameters logit demand models Frequency-severity models Compound distribution models Cobb-Douglas production functions Translogarithmic cost functions Generalized Leontief cost functions Density estimation techniques Copula models SAS procedures that facilitate estimation of demand, supply, and risk models include the following, among others: PROC MODEL PROC COPULA PROC SEVERITY PROC KDE PROC LOGISTIC PROC HPCDM PROC IML PROC REG PROC COUNTREG PROC QLIM An empirical example, SAS programming code, and a complete data set accompany each econometric model, empowering you to practice these techniques while reading. Examples are drawn from both major scholarly studies and business applications so that professors, graduate students, government economic researchers, agricultural analysts, actuaries, and underwriters, among others, will immediately benefit. This book is part of the SAS Press program.



Economic Development And Consumption Patterns In Asian Countries


Economic Development And Consumption Patterns In Asian Countries
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Author : Shashika D. Rathnayaka
language : en
Publisher: Springer Nature
Release Date :

Economic Development And Consumption Patterns In Asian Countries written by Shashika D. Rathnayaka and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Advertising And Differentiated Products


Advertising And Differentiated Products
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Author : Michael R. Baye
language : en
Publisher: Elsevier
Release Date : 2001-10-04

Advertising And Differentiated Products written by Michael R. Baye and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-10-04 with Business & Economics categories.


This volume of papers develops the competence perspective on learning and dynamic capabilities development. The first two papers explore how organizational competence and dynamic capabilities can support the competitive position of a firm. The next two papers are devoted to strategic, organizational, and behavioral perspectives on processes of competence development. The final four papers explore the intellectual challenges that managers face in striking a strategic balance between processes of competence building and competence leveraging. Taken together, the papers in this volume provide a bridge between many traditional management concepts, frameworks, and theoretical perspectives. [Resumen de editor].



The Stalled Transformation Of Food Processing In Myanmar


The Stalled Transformation Of Food Processing In Myanmar
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Author : Myanmar Agriculture Policy Support Activity (MAPSA)
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2023-01-23

The Stalled Transformation Of Food Processing In Myanmar written by Myanmar Agriculture Policy Support Activity (MAPSA) and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-23 with Political Science categories.


We assess the status and effects of the twin crises (COVID-19 and the military coup) on different segments (production, trade, and consumption) of Myanmar’s food processing sector. Since 2020, we note overall a stalled transformation in food processing in the country: 1. Production (post-farm): The food-processing sector – and especially rice milling – is shown to be very important, making up more than 80 percent of the revenue and value addition of the local industrial sector. The sector suffered substantially from the twin crises, as seen by reduced output and limited new investments in the two most recent years. 2. International trade: Myanmar is in most years a net agricultural exporter (in value terms). However, food exports are dominated by unprocessed and minimally processed products while food imports are mostly more expensive processed foods. While there was fast growth in international food trade between 2009 and 2019, new central bank regulations – focused on an import-substitution strategy to mitigate foreign exchange constraints – have altered trade substantially since. 3. Consumption: The categories of unprocessed and especially of minimally processed food products represent 64 and 23 percent of calories and food expenditures respectively, reflecting the importance of rice in Myanmar’s food economy. After the twin crises, the value of food consumption significantly decreased by 30 and 36 percent for rural and urban areas respectively between 2020 and 2022. However, consumption levels for rural residents are still lower after the crises than those of urban ones. Moreover, while real food consumption expenditures declined significantly for all income groups, the poorest suffered most from the crises as seen in the higher reduction of expenditures for the poorest quintiles (by 31 and 39 percent in rural and urban areas respectively).



Understanding The Demand For Protective Foods In East Africa An Economic Analysis With Policy Recommendations


Understanding The Demand For Protective Foods In East Africa An Economic Analysis With Policy Recommendations
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Author : Headey, Derek D.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2021-07-29

Understanding The Demand For Protective Foods In East Africa An Economic Analysis With Policy Recommendations written by Headey, Derek D. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-29 with Political Science categories.


Suboptimal diets are a major risk factor for avoidable death and disease in low- and middle-income countries. Evidence shows that some foods or food components (e.g., processed red meat, saturated fat, salt, sugar) significantly elevate the risk of noncommunicable diseases and mortality, while others protect health (e.g., vegetables, fruits, pulses, nuts/seeds, fish, whole grains—referred to in this document as “protective foods”). We used household surveys to compare dietary patterns in Ethiopia, Kenya, Tanzania, and Uganda to the EAT-Lancet healthy reference diet and to quantify and explain consumption gaps for nutritious foods. Compared to the EAT-Lancet healthy reference diet, consumption gaps for pulses and nuts/seeds, vegetables, and fruits are large for both poor and rich consumers in rural and urban areas in the four countries studied, while consumption gaps for meat, fish, and eggs and dairy foods are much larger for lower income groups. Food expenditures of most households in these four countries are far too low to allow consumption of the healthy reference diet; animal-source foods and vegetables are the largest cost components of food expenditures, although quantities consumed of both food groups are much lower than the EAT-Lancet healthy reference diet. Income elasticities of demand for pulses and nuts/seeds and vegetables are often low or moderate, suggesting weak consumer preference for these foods, while income elasticities for fruits and animal-source foods are relatively high. Income growth alone will not solve dietary problems in East Africa; in addition to supply-side interventions to improve affordability, special interventions are required to increase consumer demand for underappreciated protective (nutritious) foods such as pulses and nuts/seeds and vegetables.