The name is absent



Abstract

A consumer life-cycle demand system is built to investigate the presence of rational habits and
the effects of food safety information on U.S. meat consumption. Information extracted from the
popular press coverage of food safety events is used to approximate consumers’ “true” perception
of food safety. At quarterly frequencies, U.S. meat demand is found to be intertemporally
nonseparable. During the post-1998 period, habit persistence is found to dominate inventory
adjustment in beef demand. In general, food safety information is found to adversely affect
meat demand. The ongoing research focuses on numerical simulations of consumer responses
to alternative food safety event scenarios to evaluate the economic significance of food safety
information and habit formation in U.S. meat demand.

Keywords: food safety, habit persistence, meat demand.



More intriguing information

1. Correlation Analysis of Financial Contagion: What One Should Know Before Running a Test
2. From Communication to Presence: Cognition, Emotions and Culture towards the Ultimate Communicative Experience. Festschrift in honor of Luigi Anolli
3. Foreign Direct Investment and the Single Market
4. Changing spatial planning systems and the role of the regional government level; Comparing the Netherlands, Flanders and England
5. The Economic Value of Basin Protection to Improve the Quality and Reliability of Potable Water Supply: Some Evidence from Ecuador
6. Computing optimal sampling designs for two-stage studies
7. New urban settlements in Belarus: some trends and changes
8. Three Strikes and You.re Out: Reply to Cooper and Willis
9. The name is absent
10. The name is absent