An Analysis of U.S. Household Dairy Demand

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英文名称：

An Analysis of U.S. Household Dairy Demand

作者：

Christopher G. Davis; Diansheng Dong; Donald Blayney; Ashley Owens

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=47577

关键词：

Butter;  cheese;  censored demand;  elasticities;  margarine;  milk;  Nielsen Homescan data;  yogurt; 

年份：

2010

出版地：

Washington, DC, USA

总页数：

28 pp

语种：

English

摘要：

This report examines retail purchase data for 12 dairy products and margarine from the Nielsen 2007 Homescan retail data. Selected demographic and socioeconomic variables included in the Nielsen data are analyzed for their effects on aggregate demand and expenditure elasticities for the selected products. A censored demand system is used to derive the demand elasticities. The resulting estimates revealed that the magnitudes of 10 of the 13 own-price elasticities are greater than 1; substitute relationships are found among most dairy categories; expenditure elasticities are 1 or greater for 7 of the 13 products; and demographic and socioeconomic variables are statistically significant contributors to dairy demand.