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2006-03-14
英文文献:Structural Change via Threshold Effects: Estimating U.S. Meat Demand Using Smooth Transition Functions
英文文献作者:Rodriguez, Nestor,Eales, James S.
英文文献摘要:
Structural change remains a contentious issue in the literature. This study focuses on analyzing structural change in consumer demand for meats, which are modeled over the past half century. A standard inverse demand model is combined with a variant of the Smooth Transition Autoregressive (STAR) model. Results indicate that structural change has occurred and that con- sumers' preferences for meat are sensitive to in ation.
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