Abstract

AbstractConsumer demand analyses of meats have seldom included processed meats, particularly lunch meats. In this study, we examine retail lunch meat data from Nielsen 2006 Homescan. The objective of this study is to determine the impact of retail prices, expenditure, and demographic variables on eight lunch meat products. A censored AIDS model is used to estimate the demand for lunch meat products. Results reveal that own-price elasticities are elastic for all lunch meat categories. The expenditure elasticities are elastic for four lunch meat products and inelastic for the remaining products and demographic variables have statistically significant impacts on lunch meat purchases.

Full Text
Paper version not known

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 call

Disclaimer: 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.