UTILIZING SCANNER DATA TO ESTIMATE RETAIL DEMAND-FUNCTIONS FOR MEAT-PRODUCTS
Academic Article
Overview
Identity
Additional Document Info
Other
View All
Overview
abstract
Retail demand relationships for steak, ground beef, roast beef, chicken, pork chops, ham, and pork loin were examined using scanner data from a retail food firm located in Houston. Own-price elasticities were negative, statistically significant, andexcept for roast beefin the inelastic range. With few exceptions, cross-price elasticities were positive and statistically significant. Nearness to payday was not a key factor, but seasonal patterns were evident. Except for pork commodities, own-advertisement elasticities were positive and statistically significant. Generally speaking, cross-advertisement effects were marginal. 1989 American Agricultural Economics Association.