About this product

Product Identifiers

PublisherSpringer

ISBN-100792341066

ISBN-139780792341062

eBay Product ID (ePID)371425

Product Key Features

Number of PagesXii, 292 Pages

LanguageEnglish

Publication NameEconometrics of Demand Systems : with Applications to Food Demand in the Nordic Countries

SubjectIndustries / Agribusiness, Economics / General, Industries / Food Industry, Agriculture & Food (See Also Political Science / Public Policy / Agriculture & Food Policy), Econometrics

Publication Year1996

TypeTextbook

Subject AreaSocial Science, Business & Economics

AuthorKyrre Rickertsen, Ilkka P. Laurila, Per Halvor Vale, David L. Edgerton

SeriesAdvanced Studies in Theoretical and Applied Econometrics Ser.

FormatHardcover

Dimensions

Item Weight46.9 Oz

Item Length9.2 in

Item Width6.1 in

Additional Product Features

Intended AudienceScholarly & Professional

LCCN96-023237

TitleLeadingThe

Dewey Edition20

Series Volume Number34

Number of Volumes1 vol.

IllustratedYes

Dewey Decimal339.4/86413/00948

Table Of ContentI: A Model for Food Consumption in the Nordic Countries.- 1 Introduction.- 2 The Consumption of Food in The Nordic Countries.- 3 Consumer Demand Theory.- 4 The Specification and Estimation of Demand Systems.- 5 A Common Dynamic AIDS Model for The Nordic Countries.- II: Special Studies.- 6 Extensions to the Common Model.- 7 The Almost Ideal Demand System in Error Correction Form.- 8 Projections of Future Consumption in Finland.- 9 Household and Aggregate Time-Series Data.- 10 The Importance of Socioeconomic Variables.- 11 Testing Adding Up in the Common Model.- III: Conclusions.- 12 Conclusions.- Appendix 1: Publications and Working Papers.- Appendix 2: Data Appendix.- Author Index.

SynopsisThis 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., 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., This book presents an applied econometric analysis of the demand for food in the Nordic countries. A system of demand equations, based on the neoclassical theory of consumer demand, is analyzed using modern econometric techniques for estimation and evaluation. The models investigated are mainly dynamic versions of the Almost Ideal Demand System, which was first proposed in static form by Deaton and Muellbauer. The authors have incorporated recent econometric advances in misspecification testing, allowing for a thorough investigation of the models. The authors construct well-specified demand systems that explain the historical development of the consumption of different food items in the Nordic countries. Equal attention is paid to the presentation of specific results concerning elasticities, tests, etc., and to the description of the methodology used. The agricultural economist will find the results and the methodology new and interesting. The applied econometrician will see how a thorough and exhaustive analysis of a data set can be performed and the theoretical econometrician will see how techniques are being applied.

LC Classification NumberHB139-141