Japanese Consumer Demand for Fresh Vegetables: Estimating and Testing an Inverse Demand System

2000 ◽  
Vol 36 (2) ◽  
pp. 53-62
Author(s):  
Toshinobu Matsuda
Keyword(s):  
Consumer Demand ◽  
Demand System ◽  
Fresh Vegetables ◽  
Inverse Demand

scholarly journals Estimating elasticities of main consumption groups for Egypt : using cross sectional data

2017 ◽  
Vol 5 (2) ◽  
pp. 173
Author(s):  
El-Houssainy Rady ◽  
Saad Kandil
Keyword(s):  
Linear Approximation ◽  
Household Income ◽  
Consumer Demand ◽  
Demand System ◽  
Parameter Estimates ◽  
Cross Sectional ◽  
Seemingly Unrelated Regressions ◽  
Extraction Parameter ◽  
Symmetry Constraints ◽  
Consumption Survey

The paper analyzes the demand of main consumption groups in Egypt to extraction parameter estimates of these groups. The consumer demand studies in Egypt are limited especially in addressing the demand groups. This paper considers elasticities of main consumption groups by estimating the linear approximation almost ideal demand system (LA/AIDS) using cross-sectional data from the Egyptian 2012/2013 household income and expenditure and consumption survey (HIECS). The estimated model was done by the Iterated Seemingly Unrelated Regressions (ISUR) estimator with the homogeneity and symmetry constraints imposed. The principal findings indicated that the Marshallian own-price elasticities were negative for main groups except for health, transport, and restaurants and hotels while the signs of expenditure elasticities were positive that meaning all groups are normal or luxury groups.

scholarly journals The Impact of Inventory on Tuna Price: An Application of Scaling in the Rotterdam Inverse Demand System

2001 ◽  
Vol 33 (3) ◽  
pp. 403-411 ◽  
Author(s):  
Fu-Sung Chiang ◽  
Jonq-Ying Lee ◽  
Mark G. Brown
Keyword(s):  
Demand System ◽  
Auction Prices ◽  
Inverse Demand ◽  
The Impact

AbstractThis study adopted the scaling approach to examine the impacts of inventories on tuna auction prices in Japan using the Rotterdam inverse demand system. The inclusion of two inventory variables in the model only increases the number of parameters by two. Results indicate that frozen tunas are more likely to be close substitutes, fresh and frozen tunas of the same species are also likely to be substitutes, and inventory had significant impacts on auction prices.

A Synthetic Demand System: An Application to U.S. Consumer Demand for Rice and Selected Rice Substitutes

1994 ◽  
Vol 16 (1) ◽  
pp. 27 ◽  
Author(s):  
X. M. Gao ◽  
Eric J. Wailes ◽  
Gail L. Cramer
Keyword(s):  
Consumer Demand ◽  
Demand System

Functional separability within a quadratic inverse demand system

2002 ◽  
Vol 34 (3) ◽  
pp. 285-293 ◽  
Author(s):  
Daniele Moro ◽  
Paolo Sckokai
Keyword(s):  
Demand System ◽  
Inverse Demand

scholarly journals The impact of Mexican competition on the U.S. strawberry industry

2017 ◽  
Vol 20 (4) ◽  
pp. 591-604 ◽  
Author(s):  
Dong Hee Suh ◽  
Zhengfei Guan ◽  
Hayk Khachatryan
Keyword(s):  
Policy Implications ◽  
Demand System ◽  
Market Prices ◽  
National Market ◽  
Strawberry Industry ◽  
Simulation Results ◽  
Inverse Demand ◽  
Industry Policy ◽  
The Impact ◽  
The U.S

This paper models the U.S. strawberry market and examines how increasing imports from Mexico affect the prices and shipment values of California and Florida winter strawberries. The Synthetic Inverse Demand System is used to quantify the impact of Mexican shipments on the prices of strawberries. The estimation results indicate that market prices are responsive to supply from each of the three sources, suggesting an integrated, competitive national market. The simulation results suggest that rapidly growing Mexican shipments will cause large losses to the U.S. strawberry industry, posing challenges to the sustainability and survival of the industry, particularly that of the Florida industry. Policy implications and recommendations for the industry are discussed.

scholarly journals Substitution in Consumer Demand for Coffee Product Categories in Japan

2016 ◽  
Vol 8 (4) ◽  
pp. 50
Author(s):  
Michael Fesseha Yohannes ◽  
Toshinobu Matsuda ◽  
Naoko Sato
Keyword(s):  
Consumer Demand ◽  
Coffee Consumption ◽  
System Model ◽  
Seasonal Effects ◽  
Demand System ◽  
Product Categories ◽  
Coffee Beans ◽  
Expenditure Elasticity ◽  
Demand Equations ◽  
Coffee Shops

<p>This paper estimates substitution in consumer demand for coffee product categories in Japan using the linear approximate quadratic almost ideal demand system model (LA/QUAIDS). Three expenditure shares and demand equations for coffee beans and powder (beans/powder), canned and bottled coffee (canned/bottled) and coffee drunk at coffee shops (coffee shops) are estimated for two or more person households in forty-nine cities for the period January 2000 through February 2015. The expenditure elasticity estimates indicate that coffee shops are luxury goods while beans/powder and canned/bottled coffee are necessities in the Japanese household. The demographic effects show that persons over the age of 65 and people who earn more consume coffee at coffee shops. Moreover, seasonal effects show demand for canned and bottled coffee as mostly positive while it is mostly negative for coffee drunk at coffee shops in most of the months. The findings of this study indicate that coffee product categories in the Japanese market are substitutes for one another, which is consistent with the reality of coffee consumption in Japan.<strong></strong></p>

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