Abstract
During this study period, there have been serious food safety concerns regarding Bovine Spongiform Encephalopathy (henceforth BSE) and bird flu in Japan. Previous studies such as Peterson and Chen (2005) and Ishida et al. (2010) assumed that structural change points in demands were already known and they specified transition functions at the change points. On the other hand, we detected the structural change points without any prior information about change points. To assess the structural change points in the Japanese meat market, we employed the Markov-Switching Almost Ideal Demand System (MS-AIDS) model (Allais and Nichèle, 2007). In this study, we found the structural change point coinciding with the timing of the first reported case of BSE, but not of bird flu.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
