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A Reexamination Of Consumer Buying Behavior For Beef, Pork, And Chicken

Author

Listed:
  • Menkhaus, Dale J.
  • St. Clair, James S.
  • Hallingbye, Stig
Abstract
The objective of this study is to estimate demand parameters for beef, pork, and chicken using budget share equations derived from the translog indirect form of the utility function for the period 1965-81. Estimates of uncompensated direct and cross price elasticities, expenditure and income elasticities, and Allen elasticities are the used to make inferences concerning changes in consumer behavior in the purchases of beef, pork, and chicken. When pressure on real income forces reductions in total expenditures for meats, the brunt of the reduced consumption will be felt by beef; pork consumption will decease slightly; and consumption of chicken may actually increase.

Suggested Citation

  • Menkhaus, Dale J. & St. Clair, James S. & Hallingbye, Stig, 1985. "A Reexamination Of Consumer Buying Behavior For Beef, Pork, And Chicken," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 10(1), pages 1-10, July.
    • Handle: RePEc:ags:wjagec:32518
    DOI: 10.22004/ag.econ.32518
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    References listed on IDEAS

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    1. Richard Green & Zuhair A. Hassan & S. R. Johnson, 1978. "Alternative Estimates of Static and Dynamic Demand Systems for Canada," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 93-107.
    2. Wayne A. Fuller & George W. Ladd, 1961. "A Dynamic Quarterly Model of the Beef and Pork Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 43(4_Part_I), pages 797-812.
    3. Capps, Oral, Jr., 1983. "Alternative Estimation Methods Of Nonlinear Demand Systems," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(1), pages 1-14, July.
    4. William G. Tomek, 1965. "Changes in Price Elasticities of Demand for Beef, Pork, and Broilers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(3), pages 793-802.
    5. Braschler, Curtis, 1983. "The Changing Demand Structure for Pork and Beef in the 1970s: Implications for the 1980s," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 15(2), pages 105-110, December.
    6. Braschler, Curtis H., 1983. "The Changing Demand Structure For Pork And Beef In The 1970s: Implications For The 1980s," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-6, December.
    7. Blanciforti, Laura, 1984. "Habits And Autocorrelation In The Almost Ideal Demand System Applied To Food," Staff Reports 276792, United States Department of Agriculture, Economic Research Service.
    8. Berndt, Ernst R & Savin, N Eugene, 1975. "Estimation and Hypothesis Testing in Singular Equation Systems with Autoregressive Disturbances," Econometrica, Econometric Society, vol. 43(5-6), pages 937-957, Sept.-Nov.
    9. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1975. "Transcendental Logarithmic Utility Functions," American Economic Review, American Economic Association, vol. 65(3), pages 367-383, June.
    10. Samuel H. Logan & James N. Boles, 1962. "Quarterly Fluctuations in Retail Prices of Meat," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 44(4), pages 1050-1060.
    11. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, September.
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    Cited by:

    1. Jeon, Younghyeon & Hoang, Hoa K. & Thompson, Wyatt & Abler, David & Miller, J. Isaac, 2022. "Revealing the fundamental parameters of a food demand system using estimated elasticities," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322182, Agricultural and Applied Economics Association.
    2. Alston, Julian M. & Chalfant, James A., 1991. "Can We Take The Con Out Of Meat Demand Studies?," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(1), pages 1-13, July.
    3. Capps, Oral, Jr. & Schmitz, John D., 1991. "A Recognition Of Health And Nutrition Factors In Food Demand Analysis," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(1), pages 1-15, July.
    4. Hui, Jianguo & McLean-Meyinsse, Patricia E. & Jones, Dewitt, 1995. "An Empirical Investigation Of Importance Ratings Of Meat Attributes By Louisiana And Texas Consumers," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(2), pages 1-8, December.

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