PRICE SENSITIVITIES FOR U.S. FROZEN DAIRY PRODUCTS

Price elasticities and flexibilities for a system of frozen dessert products are estimated from scanner data. Simultaneity tests reject exogeneity of conditional expenditures, but not prices or quantities, at the weekly level. Inverting the elasticity matrix to obtain flexibilities, while theoretically appropriate, appears to be empirically unacceptable.


Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19781
Total Pages:
21
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-22

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