This report examines retail purchase data for 12 dairy products and
margarine from the Nielsen 2007 Homescan retail data. Selected
demographic and socioeconomic variables included in the Nielsen
data are analyzed for their effects on aggregate demand and
expenditure elasticities for the selected products. A censored
demand system is used to derive the demand elasticities. The
resulting estimates revealed that the magnitudes of 10 of the 13
own-price elasticities are greater than 1; substitute relationships
are found among most dairy categories; expenditure elasticities are
1 or greater for 7 of the 13 products; and demographic and
socioeconomic variables are statistically significant contributors
to dairy demand.
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!