文章基本信息

标题：ON THE ESTIMATION OF ADVERTISING EFFECTS FOR BRANDED PRODUCTS: AN APPLICATION TO SPAGHETTI SAUCES
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作者：Capps, Oral, Jr. ; Seo, Seong-Cheon ; Nichols, John P. 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1997
出版社：Food Distribution Research Society
摘要：Using IRI Infoscan data pertaining to six types of spaghetti sauces and employing an extension of the demand systems framework developed by Duffy, estimates are obtained of own-price, cross-price, and total expenditure elasticities as well as own- and cross-product advertising elasticities. We augment the Duffy model through the use of a polynomial inverse lag mechanism to deal with the carryover effects of advertising. We also account for the impacts of features in newspaper fliers, in-store displays, and coupons. Advertising efforts by industry leaders in spaghetti sauce produce positive own-advertising elasticities (ranging from -.000003 to -.0094). Own-price elasticities are in the elastic range, and nearly all compensated cross-price effects are positive, indicative of Hicksian substitutes.
关键词：Advertising effects;Demand systems;IRI Infoscan data;Polynomial inverse lag;Rotterdam model