Younghyeon Jeon, Hoa Hoang, Wyatt Thompson, David Abler
{"title":"A meta-analysis of U.S. food demand elasticities to detect the impacts of scanner data","authors":"Younghyeon Jeon, Hoa Hoang, Wyatt Thompson, David Abler","doi":"10.1002/aepp.13414","DOIUrl":null,"url":null,"abstract":"<p>This paper investigates how scanner data affect demand elasticity estimates and develops methods for scientists to adapt estimated elasticities to analyses of specific policies. We conduct a meta-analysis of U.S. demand elasticities and find evidence that scanner data generate statistically different elasticities, with more elastic demand than other data types. Own-price elasticity estimates from household scanner quantity data appear to be more elastic than other quantity types. Household-level estimates using retail scanner price data, as proxies for prices, tend to be more price-elastic than other price types. These results suggest caution or adjustment when selecting elasticities for policy analysis.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 2","pages":"760-780"},"PeriodicalIF":3.3000,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Applied Economic Perspectives and Policy","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/aepp.13414","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates how scanner data affect demand elasticity estimates and develops methods for scientists to adapt estimated elasticities to analyses of specific policies. We conduct a meta-analysis of U.S. demand elasticities and find evidence that scanner data generate statistically different elasticities, with more elastic demand than other data types. Own-price elasticity estimates from household scanner quantity data appear to be more elastic than other quantity types. Household-level estimates using retail scanner price data, as proxies for prices, tend to be more price-elastic than other price types. These results suggest caution or adjustment when selecting elasticities for policy analysis.
期刊介绍:
Applied Economic Perspectives and Policy provides a forum to address contemporary and emerging policy issues within an economic framework that informs the decision-making and policy-making community.
AEPP welcomes submissions related to the economics of public policy themes associated with agriculture; animal, plant, and human health; energy; environment; food and consumer behavior; international development; natural hazards; natural resources; population and migration; and regional and rural development.