Residential College | false |
Status | 已發表Published |
Consumption Dynamics in Inverse Demand Systems: An Application to Meat and Fish Demand in Korea | |
Wong Ka Kei Gary(黃嘉基) | |
2018-11 | |
Source Publication | Agricultural Economics |
ABS Journal Level | 2 |
ISSN | 15740862 01695150 |
Volume | 49Issue:6Pages:777-786 |
Abstract | In this study, meat and fish consumption is depicted in the form of inverse demand systems taking into consideration the intertemporal consumption behavior presented in the data. The concept of intertemporal two-stage budgeting process is applied to this system which explicitly incorporates intertemporal consumption behavior as summarized by the Euler equation. Results based on Korean meat and fish products indicate that the proposed method is promising. Furthermore, the prices of meat and fish are quantity inflexible while the prices of beef and pork are sensitive to changes in consumption scale. |
Keyword | Euler Equation Flexibilities Intertemporal Two-stage Budgeting Process Inverse Demands Korea |
DOI | 10.1111/agec.12459 |
Indexed By | SSCI |
Language | 英語English |
WOS ID | WOS:000449990200009 |
Scopus ID | 2-s2.0-85053766062 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Faculty of Social Sciences DEPARTMENT OF ECONOMICS |
Corresponding Author | Wong Ka Kei Gary(黃嘉基) |
Recommended Citation GB/T 7714 | Wong Ka Kei Gary. Consumption Dynamics in Inverse Demand Systems: An Application to Meat and Fish Demand in Korea[J]. Agricultural Economics, 2018, 49(6), 777-786. |
APA | Wong Ka Kei Gary.(2018). Consumption Dynamics in Inverse Demand Systems: An Application to Meat and Fish Demand in Korea. Agricultural Economics, 49(6), 777-786. |
MLA | Wong Ka Kei Gary."Consumption Dynamics in Inverse Demand Systems: An Application to Meat and Fish Demand in Korea".Agricultural Economics 49.6(2018):777-786. |
Files in This Item: | There are no files associated with this item. |
Items in the repository are protected by copyright, with all rights reserved, unless otherwise indicated.
Edit Comment