文章基本信息

标题：Meat Demand in the US During and After the Great Recession
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作者：Darko, Francis Addeah ; Eales, James S.
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2013
期号：Suppl
出版社：Journal of Agribusiness
摘要：Combining depth, length and breadth, the Great Recession is the worst economic downturn that the US economy has suffered since the Great Depression. Among other things, the recession reduced household income, caused significant changes in food prices and increased consumer uncertainties. These changes can potentially affect demand for such important food products as meat. Barten’s generalized demand model is used to study the demand for meat products during and after the recession. Structural change is observed in the demand for meat products in all the markets considered. The instability in the demand for the meat products is not general, but rather isolated in a subset of some demand variables. Expenditure and own-price and cross-price elasticities of demand during the recession are estimated and compared to those after the recession.
关键词：Great Recession;Meat Demand;Barten’s Model;Structural Change