U.S. Fluid Milk Demand: A Disaggregated Approach

In this study, we examine retail fluid milk data from Nielsen 2007 Homescan. The objective of this study is to determine the impact of demographic variables, retail prices and total milk expenditure on flavored and non-flavored milk purchases. A censored AIDS model is used in estimate the demand for fluid milk. Results reveal that demographic variables have statistically sig-nificant impacts on fluid milk purchases, and own-price elasticities are unity or elastic for almost all fluid milk categories. All expenditure elasticities are unity or greater except whole milk and 1% milk.


Editor(s):
IFAMR, IFAMA
Issue Date:
Feb 15 2012
Publication Type:
Journal Article
DOI and Other Identifiers:
(ISSN #: 1559-2448) (Other)
PURL Identifier:
http://purl.umn.edu/120856
Published in:
International Food and Agribusiness Management Review, Volume 15, Issue 1
Page range:
25-50
Total Pages:
26
JEL Codes:
C25; C34; D12
Note:
The International Food and Agribusiness Management Review is published quarterly by IFAMA. www.ifama.org
Series Statement:
Volume 15
Issue 1




 Record created 2017-04-01, last modified 2017-05-27

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