The Nested PIGLOG model: An application to U.S. food demand

American Journal of Agricultural Economics

Volumn 85, Issue 1, 2003, Pages 1-15

  Piggott, Nicholas E ^a  

^a NORTH CAROLINA STATE UNIVERSITY   (United States)

Author keywords

Demand systems; Forecast errors; Nested tests; U.S. food demand

Indexed keywords

AGRICULTURAL ECONOMICS; DEMAND ANALYSIS; DEMAND ELASTICITY; PRICE DYNAMICS;

UNITED STATES;

EID: 0037329359     PISSN: 00029092     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-8276.00099     Document Type: Article

References (36)

1. Ashley, R. "A New Technique for Postsample Model Selection and Validation." Journal of Economic Dynamics and Control 22(1998): 647-65.
2. Bewley, R. Allocation Models: Specification, Estimation, and Applications. Cambridge, MA Ballinger Publishing Company, 1986.
3. Bohm, B., R. Rieder and G. Tinter. "A System of Demand Equations for Austria." Ecpirical Economics 5(1990):129-42.
4. Bradshaw, G.W. and D. Orden. "Granger Causality from the Exchange Rate to Agricultural Prices and Export Sales." Western Journal of Agricultural Economics 15(1990):100-10.
5. Byrne, P.J., O. Capps and A. Saha. "Analysis of Food-Away-From-Home Expenditure Patterns for US Households, 1982-89." American Journal of Agricultural Economics 78(1996): 614-27.
6. Bollino, C.A. "GAIDS: A Generalized Version of the Almost Ideal Demand System." Economic Letters 23(1987):199-203.
7. Bollino, C.A. and R. Violi. "GAITL: A Generalized Version of the Almost Ideal and Translog Demand Systems." Economic Letters 34(1990): 127-29.
8. Chalfant, J.A. "A Globally Flexible, Almost Ideal Demand System." Journal of Business and Economic Statistics 5(1987):233-42.
9. Chalfant, J.A. and A.R. Gallant. "Estimating Substitution Elasticities with the Fourier Cost Function: Some Monte Carlo Results." Journal of Econometrics 28(1985):205-22.
10. Chambers, M.J. and K.B. Nowman. "Forecasting with the Almost Ideal Demand System: Evidence from Some Alternative Dynamic Specifications." Applied Economics 29(1997):935-43.
11. Christensen, L.R., D. Jorgenson and L. Lau. "Transcendental Logarithmic Utility Functions." American Economic Review 65(1975):367-83.
12. Deaton, A.S. and J. Muellbauer. "An Almost Ideal Demand System." American Economic Review 70(1980):312-26.
13. Diewert, W.E. "Applications of Duality Theory." In Frontiers of Quantitative Economics. M.D. Intrilligator and D.A. Kendrick, eds. Amsterdam: North-Holland Publishing Co., 1974, pp. 106-171.
14. Gallant, A.R. "On the Bias in Flexible Functional Forms and an Essentially Unbiased Form: The Fourier Flexible Functional Form." Journal of Econometrics 15(1981):211-45.
15. Gallant, A.R. "Unbiased Determination of Production Technologies." Journal of Econometrics 20(1982):285-323.
16. Gallant, A.R. "The Fourier Flexible Form." American Journal of Agricultural Economics 78(1984):268-79.
17. Goodwin, B.K. "Forecasting Cattle Prices in the Presence of Structural Change." Southern Journal of Agricultural Economics (1992):11-22.
18. Greene, W.H. Econometric Analysis, 2nd ed. New York: Macmillan, 1993.
19. Jensen, H.H. and S. Yen. "Food Expenditures Away From Home by Type of Meal." Canadian Journal of Agricultural Economics 44(1996):67-80.
20. Kastens, T.L. and G.W. Brester. "Model Selection and Forecasting Ability of Theory-Constrained Food Demand Systems." American Journal of Agricultural Economics 78(1996):301-12.
21. Kinsey, J. "Working Wives and the Marginal Propensity to Consume Food-Away-From-Home." American Journal of Agricultural Economics 65(1983):10-9.
22. Lee, J.Y. and M.G. Brown. "Food Expenditures at Home and Away from Home in the United-States-A Switching Regression-Analysis." Review of Economic Statistics 68(1986):142-47.
23. Lewbel, A. "Nesting the AIDS and the Translog Demand Systems." International Economics Review 30(1989):349-56.
24. McCracken, V.A. and J.A. Brandt. "Household Consumption of Food-Away-From-Home- Total Expenditure and by Type of Food Facility." American Journal of Agricultural Economics 69(1987):274-84.
25. Muellbauer, J. "Aggregation, Income Distribution and Consumer Demand." Review of Economic Studies 62(1975):525-43.
26. Nayga, R.M. "Dietary Fiber Intake Away-From-Home and At-Home in the United States." Food Policy 21(1996):279-90.
27. Park, J.L. and O. Capps. "Demand for Prepared Meals by US Households." American Journal of Agricultural Economics 79(1997):814-24.
28. Park, J.L., R. B. Holcomb, K. C. Raper and O. Capps. "A Demand Systems Analysis of Food Commodities by US Households Segmented by Income." American Journal of Agricultural Economics 78(1996):290-300.
29. Piggott, N.E. "The Benefits and Costs of Generic Advertising of Agricultural Commodities." PhD dissertation, University of California, Davis, 1997.
30. Pollak, R.A. and T.J. Wales. "Comparison of the Quadratic Expenditure System and the Translog Demand System with Alternative Specifications of Demographic Effects." Econometrica 48(1980):595-612.
31. Prochaska, F.J. and R.A. Schrimper. "Opportunity Cost of Time and Other Socioeconomic Effects on Away-From-Home Food-Consumption." American Journal of Agricultural Economics 55(1973):595-603.
32. Senauer, B. "Effect of Demographic Shifts and Changes in the Income-Distribution on Food-Away-From-Home Expenditure." American Journal of Agricultural Economics 61(1979): 1046-57.
33. Waugh, F.V. "Demand and Price Analysis." Washington DC: U.S. Department of Agriculture Technical Bulletin No. 1216, 1964, pp. 10-15.
34. White, H. "Using Least Squares to Approximate Unknown Regression Functions." International Economic Review 21(1980):149-70.
35. Wohlgenant, M.K. "Globally Flexible Functional Forms and U.S. Demand for Meats." Contributed Paper at the North American Meetings of Econometric Society, 25-28 June, 1986.
36. Yen, S. "Working Wives and Food Away from Home: The Box-Cox Double Hurdle Model." American Journal of Agricultural Economics 75(1993):884-95.