The Econometrics of Demand Systems
The Econometrics of Demand Systems

Author: David L. Edgerton

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 293

ISBN-13: 1461312779

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This book contains some of the results from the research project "Demand for Food in the Nordic Countries", which was initiated in 1988 by Professor Olof Bolin of the Agricultural University in Ultuna, Sweden and by Professor Karl Iohan Weckman, of the University of Helsinki, Finland. A pilot study was carried out by Bengt Assarsson, which in 1989 led to a successful application for a research grant from the NKJ (The Nordic Contact Body for Agricultural Research) through the national research councils for agricultural research in Denmark, Finland, Norway and Sweden. We are very grateful to Olof Bolin and Karl Iohan Weckman, without whom this project would not have come about, and to the national research councils in the Nordic countries for the generous financial support we have received for this project. We have received comments and suggestions from many colleagues, and this has improved our work substantially. At the start of the project a reference group was formed, consisting of Professor Olof Bolin, Professor Anders Klevmarken, Agr. lie. Gert Aage Nielsen, Professor Karl Iohan Weckman and Cando oecon. Per Halvor Vale. Gert Aage Nielsen left the group early in the project for a position in Landbanken, and was replaced by Professor Lars Otto, while Per Halvor Vale soon joined the research staff. The reference group has given us useful suggestions and encouraged us in our work. Weare very grateful to them.

Habits and Autocorrelation in the Almost Ideal Demand System Applied to Food
Habits and Autocorrelation in the Almost Ideal Demand System Applied to Food

Author: Laura Blanciforti

Publisher:

Published: 1984

Total Pages: 36

ISBN-13:

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Extract: A complete system of budget share equations for U.S. food consumption was estimated using alternative specifications of the Almost Ideal Demand System (AIDS) and four food groups. The specifications accounted for habits, through a systematic change in one of the parameters, and first-order autocorrelation. The theoretical structure of the AIDS enabled the utility maximization framework to remain intact, satisfied the theoretical properties pertaining to demand systems, and provided a way to ascertain the amount that habits affected current consumption. Likelihood ratio tests indicated that both habits and autocorrelation were present.

Quick Service Restaurants, Franchising, and Multi-Unit Chain Management
Quick Service Restaurants, Franchising, and Multi-Unit Chain Management

Author: Francis A Kwansa

Publisher: Routledge

Published: 2014-06-11

Total Pages: 371

ISBN-13: 1317956222

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Learn about new strategies to improve service, quality, and profitability for quick service restaurants!Quick Service Restaurants, Franchising, and Multi-Unit Chain Management examines a variety of issues pertaining to quick service restaurants. Quick-service restaurants (QSR) are the dominant sector of the foodservice industry and a one-hundred-billion-dollar industry. Since their inception in the 1920s, quick-service restaurants have become one of the cultural icons of America. This informative book contains vital information on: growth, change and strategy in the international foodservice industry food safety as an international problem and the formation of outreach committees to combat the challenges faced globally food consumption patterns and the driving forces that influence consumer food preferences the differences between mature and younger customers’ expectations and experiences in QSRs, casual, and fine dining restaurants consumer attitudes toward airline food adding quick-service meals to airplane menus factors influencing parental patronage of QSRs a case study on how Billy Ingram, founder of White Castle restaurants, made the hamburger a staple on American menus

Estimating the Demand for Food and Non-Food Items Using an Almost Ideal Demand System Modelling Approach
Estimating the Demand for Food and Non-Food Items Using an Almost Ideal Demand System Modelling Approach

Author: Frank W. Agbola

Publisher:

Published: 2017

Total Pages:

ISBN-13:

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An Almost Ideal Demand System model is used to examine consumer behaviour in India using household survey data for the period 1973-74 through to 1993-94. The empirical results indicate that, for commodity groups, demand is inelastic, except for other foods and non-foods. The expenditure elasticity estimates indicate that milk and non-foods are luxury goods, while pulses, cereals, edible oil, meats, fruits and vegetables and other foods are necessities in the Indian diet. The results indicate that, for any increase in future expenditure, the largest percentage increase will be allocated to non-foods, followed by cereal, other foods, milk, fruits and vegetables, edible oil, pulses and meats, in that order. Estimates of future food supply and demand growth in India indicate that the gap between growth in domestic demand and domestic production is large, particularly for commodities such as pulses (deficit growing at 2.47% p.a.), but low for others like edible oils (0.02% p.a. deficit) and cereal (0.26% p.a. deficit). As a result, India is likely to see large increases in food imports in the future.