DEMAND INTERRELATIONSHIPS AMONG FRUIT BEVERAGES

In this study, both the Rotterdam model and the double logarithmic model were used to estimate the demand parameters for fruit beverages. The results show that: (1) under the conditions of block-independence and predetermined price changes, the Slutsky matrix for fruit beverages is symmetric and negative definite; (2) own-price elasticity estimates from both models are about the same; and (3) income elasticity estimates and cross-product relationships from the two models are not compatible.


Issue Date:
1984-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/29725
Published in:
Southern Journal of Agricultural Economics, Volume 16, Number 2
Page range:
135-143
Total Pages:
9




 Record created 2017-04-01, last modified 2017-08-24

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