000 01779nab|a22002657a|4500
001 65182
003 MX-TxCIM
005 20220720195910.0
008 22041121982|||m-uk||p|op||||00||0|eengdd
022 _a1467-8276 (Online)
024 8 _ahttps://doi.org/10.2307/1240649
040 _aMX-TxCIM
041 _aeng
100 1 _aWohlgenant, M.K.
_927089
245 1 1 _aDynamic Adjustment in Monthly Consumer Demands for Meats
260 _bOxford University Press,
_c1982.
_aUnited Kingdom :
520 _aThis paper focuses on the nature of dynamic adjustment in monthly consumer demands for beef, pork, and chicken. Estimates with monthly data can differ from those with longer data periods. This is because habit formation relative to inventory adjustment decreases as the time interval decreases (Sexauer). With short time periods such as a month, inventory demand tends to dominate demand for use. If inventory demand is more elastic in the short run, the total elasticity of demand can increase as the time interval is shortened. As shown by Pasour and Schrimper, the relative importance of inventory demand with respect to the length of the adjustment period is an empirical question, and its importance can vary from commodity to commodity. This paper presents estimates of monthly consumer demands for meats and examines the role of inventories ans habits on the estimated short-run demand elasticities.
546 _aText in English
650 7 _aMeat
_2AGROVOC
_912170
650 _aMeat products
_2AGROVOC
_912171
650 7 _aConsumers
_2AGROVOC
_92785
700 1 _927090
_aHahn, W.F.
773 0 _tAmerican Journal of Agricultural Economics
_gv. 64, no. 3, p. 553-557
_dUnited Kingdom : Oxford University Press, 1982.
_x0002-9092
_wG444480
942 _cJA
_n0
_2ddc
999 _c65182
_d65174