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Author: Mehmet Ali Ulubasoglu Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
There is renewed interest in robust estimates of food demand elasticities at a disaggregated level not only to analyse the impact of changing food preferences on the agricultural sector, but also to establish the likely impact of pricing incentives on households. Using data drawn from two national Household Expenditure Surveys covering the periods 1998/1999 and 2003/2004, and adopting an Almost Ideal Demand System approach that addresses the zero observations problem, this paper estimates a food demand system for 15 food categories for Australia. The categories cover the standard food items that Australian households demand routinely. Own-price, cross-price and expenditure elasticity estimates of the Marshallian and Hicksian types have been derived for all categories. The parameter estimates obtained in this study represent the first integrated set of food demand elasticities based on a highly disaggregated food demand system for Australia, and all accord with economic intuition.
Author: Mehmet Ali Ulubasoglu Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
There is renewed interest in robust estimates of food demand elasticities at a disaggregated level not only to analyse the impact of changing food preferences on the agricultural sector, but also to establish the likely impact of pricing incentives on households. Using data drawn from two national Household Expenditure Surveys covering the periods 1998/1999 and 2003/2004, and adopting an Almost Ideal Demand System approach that addresses the zero observations problem, this paper estimates a food demand system for 15 food categories for Australia. The categories cover the standard food items that Australian households demand routinely. Own-price, cross-price and expenditure elasticity estimates of the Marshallian and Hicksian types have been derived for all categories. The parameter estimates obtained in this study represent the first integrated set of food demand elasticities based on a highly disaggregated food demand system for Australia, and all accord with economic intuition.
Author: Debbie Hill Publisher: ISBN: 9780734712646 Category : Meat industry and trade Languages : en Pages : 21
Book Description
Data limitations have restricted the majority of demand studies to estimates of aggregate demand elasticities. Most studies have been oriented to retail demand and have used data for livestock types, rather than on the various choices of meat available to the consumer. Only a few studies have focussed on demand at the saleyard or wholesale levels oron the demand for meats of different quality. Export elasticities have also been largely overlooked in the literature" -- p.6.
Author: Sarath Divisekera Publisher: CRC for Sustainable Tourism ISBN: Category : Business & Economics Languages : en Pages : 52
Book Description
This study is an attempt to estimate the elasticities of demand for various goods and services generated by domestic and foreign tourists in Australia. Based on the Almost Ideal Demand System and the tourist expenditure data collected from national and international visitor surveys, a total of 24 demand systems were estimated. This publication is also available for free download at www.crctourism.com.au
Author: M. Ohidul Haque Publisher: Springer Science & Business Media ISBN: 9780387242927 Category : Business & Economics Languages : en Pages : 288
Book Description
This volume is mainly concerned with methods of estimating income elasticity. It is connected with economic development that can be achieved by reducing income inequality, a highly relevant subject in today’s world for a wide range of policy areas.
Author: Syed Hasan Publisher: ISBN: Category : Languages : en Pages : 28
Book Description
This paper uses detailed information about household supermarket purchases from the Australian Nielsen Homescan Survey to estimate price elasticities of demand for a range of food categories. An instrumental variable strategy is employed to address endogeneity issues. The estimates obtained from our analysis are used to study five scenarios in which the rate of the GST on food categories is increased or in which the tax base is broadened to include currently GST-free categories. Our findings reveal that there is considerable scope for raising revenue by increasing the rate and broadening the tax base. Low-income households (the bottom 40% of the income distribution) can be compensated for the loss in consumption induced by a tax increase. We demonstrate that increasing the rate of the GST from 10% to 15% and broadening the tax base would increase tax revenues by up to $7.1 billion, whereas compensating low-income households would require up to $2.2 billion. We also provide a detailed list of tax revenues and compensation payments associated with each food category to allow readers to “build their own tax reform” by choosing the categories that should be taxed.
Author: Mehmet Ali Ulubasoglu
Author: Mehmet Ali Ulubasoglu
Author: Debbie Hill
Author: Fred Henry Gruen
Author: Sarath Divisekera
Author: M. Ohidul Haque
Author: Cedric Axelsen
Author: Rodney Maddock
Author: Mervin J. Yetley
Author: Syed Hasan
Author: Fredoun Z. Ahmadi-Esfahani