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The Future of Demand for Food Away from Home and Prepared Food: Cohort and Age Effects in Japan 对离家在外的食物和熟食的未来需求:日本的队列和年龄影响
Q3 Business, Management and Accounting Pub Date : 2018-07-07 DOI: 10.1515/jafio-2017-0038
S. Fujioka, M. Fukushige
Abstract The demand for two composite goods, food away from home (FAFH) and prepared food (PF), are trending upward in Japan as Japanese society ages. This paper estimates the demand function of FAFH and PF. We adopt the almost ideal demand system and predict the effect on future demand from age and cohort changes. We find that the age effect decreases both while the cohort effect increases the share of FAFH but decreases that of PF. Over time, the demand for FAFH gradually decreases but remains stable. The demand for PF has been decreasing as of 2010 and more quickly than for FAFH. The reason is that both the age effect and the dynamic population trend decrease the demand for both goods, while the cohort effect slows the decrease in demand for FAFH but accelerates that for PF.
随着日本社会的老龄化,人们对两种复合商品——离家食品(FAFH)和预制食品(PF)的需求呈上升趋势。本文估计了FAFH和PF的需求函数,采用近乎理想的需求系统,预测了年龄和队列变化对未来需求的影响。我们发现,年龄效应降低,而队列效应增加了FAFH的份额,但降低了PF的份额,随着时间的推移,FAFH的需求逐渐减少,但保持稳定。自2010年以来,对PF的需求一直在下降,而且比FAFH的需求下降得更快。原因是年龄效应和人口动态趋势都降低了对这两种商品的需求,而队列效应减缓了对FAFH的需求下降,而加速了对PF的需求下降。
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引用次数: 0
Market Structure of the Feed Industry in Germany: Causing Asymmetric Spatial Price Transmission? 德国饲料工业的市场结构:造成不对称的空间价格传导?
Q3 Business, Management and Accounting Pub Date : 2018-06-26 DOI: 10.1515/jafio-2018-0007
H. Schulte, O. Musshoff
Abstract Over the last couple of years, the production amount of feed and the market concentration of the feed industry vastly increased in North-Western Germany. This development might lead to asymmetric price transmission of feed between regions in Germany because feed markets in other regions grow slower and therefore decline in relative volume and importance. To analyze this development, the objective of the study was to quantify price relationships of pig, hens and calves feed prices between Western Lower Saxony, Eastern Lower Saxony and Westphalia. Assuming Western Lower Saxony as the central market and using monthly price observation from 2007 until 2017, the results show that the feed prices were co-integrated across regions and type of feed. The results show a tendency of asymmetric price transmission for pig feed between Western Lower Saxony and Eastern Lower Saxony but this was not statistically significant at the 5 % level. Furthermore, we also tested the influence of the feed scandals dioxin in pig feed and mold in imported maize from Serbia, but we could not estimate a pattern of price adjustments between regions according to the feed scandals. Summarizing the results, we came to the conclusion that feed prices might be perfectly transmitted across regions and independently from feed scandals and type of feed.
摘要在过去的几年里,德国西北部的饲料产量和饲料行业的市场集中度大幅提高。这一发展可能会导致德国各地区之间的饲料价格传导不对称,因为其他地区的饲料市场增长较慢,因此相对数量和重要性下降。为了分析这一发展,本研究的目的是量化下萨克森州西部、下萨克森东部和威斯特伐利亚州之间猪、母鸡和小牛饲料价格的价格关系。假设西下萨克森州为中心市场,并使用2007年至2017年的月度价格观察,结果表明,饲料价格在不同地区和不同类型的饲料中是共同整合的。结果显示,在下萨克森州西部和下萨克森东部之间,猪饲料价格有不对称传递的趋势,但在5 % 数量此外,我们还测试了饲料丑闻对猪饲料中二恶英和塞尔维亚进口玉米中霉菌的影响,但我们无法根据饲料丑闻估计地区之间的价格调整模式。总结这些结果,我们得出的结论是,饲料价格可能在不同地区之间完美传递,并且独立于饲料丑闻和饲料类型。
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引用次数: 2
Asymmetric Price Transmission along the European Food Supply Chain and the CAP Health Check: a Panel Vector Error Correction Approach 欧洲食品供应链上的不对称价格传递和CAP健康检查:一种面板向量误差校正方法
Q3 Business, Management and Accounting Pub Date : 2018-05-19 DOI: 10.1515/jafio-2018-0002
A. Rezitis, Andreas Rokopanos
Abstract The 2003 CAP Reform commenced a liberal shift on the policies designed to protect farmers across Europe. The CAP Health Check of 2008 and the 2013 CAP Reform confirmed this change, adopting measures including the further decoupling of production, the abolishment of set-aside and the phasing-out of milk quotas. It is therefore expected that price transmission has been affected radically. This study investigates the price transmission mechanism along the European food supply chain, based on an asymmetric panel vector error correction model (VECM). Panel data on agricultural commodity (farmer), producer (processor) and consumer (retailer) prices from nineteen European countries are considered. The sample is split into two sub-periods, before and after the CAP Health Check, to examine how the price transmission mechanism has been affected. Cointegration is confirmed among the price series through the Pedroni tests and the long-run relationship is obtained with two estimation methods (i. e. fully modified OLS and dynamic OLS). Prior to the CAP Health Check, positive asymmetry is detected from farmer to processor and from processor to retailer. However, after the CAP Health Check price transmission becomes symmetric, thus suggesting that decreased support has resulted in a more efficient price transmission mechanism.
2003年CAP改革开始了旨在保护整个欧洲农民的政策的自由转变。2008年的CAP健康检查和2013年的CAP改革确认了这一变化,采取了包括进一步脱钩生产、取消拨备和逐步取消牛奶配额在内的措施。因此,预计价格传导已受到根本影响。本研究基于非对称面板向量误差修正模型(VECM),探讨了欧洲食品供应链上的价格传导机制。考虑了来自19个欧洲国家的农产品(农民)、生产者(加工商)和消费者(零售商)价格的面板数据。样本被分成两个子阶段,在CAP健康检查之前和之后,以检查价格传导机制是如何受到影响的。通过Pedroni检验确定了价格序列之间的协整关系,并采用两种估计方法(完全修改的OLS和动态OLS)。在CAP健康检查之前,从农民到加工商和从加工商到零售商检测到正不对称。然而,在CAP健康检查之后,价格传递变得对称,从而表明支持的减少导致了更有效的价格传递机制。
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引用次数: 2
Are Online and Offline Advertising Substitutes or Complements? Evidence from U.S. Food Industries 线上和线下广告是替代还是互补?来自美国食品工业的证据
Q3 Business, Management and Accounting Pub Date : 2018-03-26 DOI: 10.1515/jafio-2017-0031
Xi He, R. Lopez, Yizao Liu
Abstract This article investigates the substitution between online advertising (ONLA) and offline advertising (OFFLA) as well as the impact of adopting ONLA on the total cost of advertising. We estimate an advertising translog cost function at the product-brand level, using monthly observations between 2005 and 2011 for each of three industries: beer, ready-to-eat cereals, and carbonated soft drinks. Although in all three industries we find that traditional media (TV and print) advertisements are close substitutes, we also find that ONLA is a complement to, rather than a substitute for, both TV and print media advertising. This may be explained by ONLA’s targeting younger market segments and acting as a reinforcement of TV and print media advertising exposure. Further results show that the adoption of ONLA has lowered the cost of advertising for achieving a sales target and that its complementarity effect is weakening over time.
摘要本文研究了线上广告与线下广告的替代,以及采用线上广告对广告总成本的影响。我们利用2005年至2011年间对啤酒、即食谷物和碳酸软饮料这三个行业的月度观察,估算了产品品牌层面的广告超对数成本函数。虽然在这三个行业中,我们发现传统媒体(电视和平面)广告是紧密的替代品,但我们也发现ONLA是对电视和平面媒体广告的补充,而不是替代。这可以解释为ONLA瞄准了年轻的细分市场,并加强了电视和平面媒体广告的曝光。进一步的结果表明,采用ONLA降低了实现销售目标的广告成本,其互补效应随着时间的推移而减弱。
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引用次数: 4
A Re-Examination of Multistage Economies in Hog Farming 养猪业多阶段经济的再审视
Q3 Business, Management and Accounting Pub Date : 2018-03-26 DOI: 10.1515/jafio-2017-0033
Joshua D. Parcel, John R. Schroeter, A. Azzam
Abstract Current trends in the structure of hog production in the U.S. are toward facilities that are not only larger, but also more likely to be specialized, carrying out only some of the vertically linked phases of production in the same facility. This paper investigates the cost efficiency incentives for these changes by estimating a multistage cost function for hog production. Data are from the Hog Production Practices and Costs portion of the USDA’s 2004 Agricultural Resource Management Survey.
摘要目前美国生猪生产结构的趋势是,生产设施不仅更大,而且更有可能是专业化的,在同一设施中只进行一些垂直连接的生产阶段。本文通过估计生猪生产的多阶段成本函数,研究了这些变化的成本效率激励因素。数据来自美国农业部2004年农业资源管理调查的生猪生产实践和成本部分。
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引用次数: 1
Non-Linear Demand in a Linear Town 线性城镇中的非线性需求
Q3 Business, Management and Accounting Pub Date : 2018-02-16 DOI: 10.1515/jafio-2017-0019
M. Torshizi, M. Fulton, R. Gray
Abstract In Hotelling’s linear town model characteristics are implicitly assumed to be related in such a way that preferences for them can be mapped into a one-dimensional town. This results in perfectly correlated willingness to pay levels. Many differentiated products, however, embody characteristics that are functionally at least somewhat unrelated to other characteristics. This paper makes the implicit assumption of perfectly correlated preferences in the original Hotelling model explicit, and examine the implications of this assumption for the economics of competition. We develop a simple theoretical model to show that shape of the demand curve for differentiated products depends on distribution of consumers’ preferences, which is determined by the nature of the relationship between the corresponding characteristics. Misrepresentation of correlated preferences in differentiated product models impacts demand elasticity and can result in unreliable outcomes. This issue is particularly important in agricultural and food markets where many factors such as expectations about weather and information on social media can impact consumer ranking of one product versus another in ways that are not fully observable or measurable by the researcher.
在霍特林的线性城镇模型中,特征被隐含地假设为相互关联的,因此对它们的偏好可以映射到一维城镇中。这导致了完全相关的支付意愿水平。然而,许多差异化产品所体现的特征在功能上至少与其他特征在某种程度上无关。本文明确了霍特林模型中完全相关偏好的隐含假设,并考察了这一假设对竞争经济学的影响。我们建立了一个简单的理论模型,表明差异化产品的需求曲线的形状取决于消费者偏好的分布,这是由相应特征之间关系的性质决定的。差异化产品模型中相关偏好的错误表述会影响需求弹性,并可能导致不可靠的结果。这个问题在农业和食品市场中尤为重要,因为许多因素,如对天气的预期和社交媒体上的信息,都可能以研究人员无法完全观察或测量的方式影响消费者对一种产品与另一种产品的排名。
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引用次数: 2
Aflatoxins and Health Considerations in Consumer Food Choices in Ghana 加纳消费者食品选择中的黄曲霉毒素与健康因素
Q3 Business, Management and Accounting Pub Date : 2018-02-15 DOI: 10.1515/JAFIO-2017-0015
M. Agyekum, C. Jolly, Henry Thompson
Abstract Food safety enjoys sustained attention among the scientific community, policymakers, and the general public due to health impacts. However, pursuing appropriate regulations for pervasive food contaminants is a challenging policy issue, particularly for naturally-occurring food toxins such as aflatoxins and other mycotoxins. This paper explores consumer preferences for quality aflatoxin-free peanuts, and how food safety concerns may impact willingness to pay more for safer foods. Incorporating ‘risky’ foods into random utility-maximization framework, we analyze contingent valuation survey data on Ghana. Model and survey results show consumers in Ghana approve of food aflatoxin regulations, and are prepared to pay price premiums as incentives to ensure supply of quality peanuts. Findings reveal that consumers prioritize food safety above prices in market decisions. People prefer introduction of aflatoxin regulations that would guarantee good health; useful information for policy makers in Ghana, Africa, and rest of the developing world.
食品安全由于对健康的影响,一直受到科学界、决策者和公众的关注。然而,对普遍存在的食品污染物制定适当法规是一项具有挑战性的政策问题,特别是对黄曲霉毒素和其他真菌毒素等天然存在的食物毒素。本文探讨了消费者对不含黄曲霉毒素的优质花生的偏好,以及食品安全问题如何影响消费者为更安全的食品支付更多费用的意愿。将“风险”食品纳入随机效用最大化框架,我们分析了加纳的条件评估调查数据。模型和调查结果显示,加纳的消费者赞成食品黄曲霉毒素法规,并准备支付溢价作为激励措施,以确保优质花生的供应。调查结果显示,消费者在市场决策中优先考虑食品安全而不是价格。人们更希望引入黄曲霉毒素法规,以保证身体健康;为加纳、非洲和其他发展中国家的决策者提供有用的信息。
{"title":"Aflatoxins and Health Considerations in Consumer Food Choices in Ghana","authors":"M. Agyekum, C. Jolly, Henry Thompson","doi":"10.1515/JAFIO-2017-0015","DOIUrl":"https://doi.org/10.1515/JAFIO-2017-0015","url":null,"abstract":"Abstract Food safety enjoys sustained attention among the scientific community, policymakers, and the general public due to health impacts. However, pursuing appropriate regulations for pervasive food contaminants is a challenging policy issue, particularly for naturally-occurring food toxins such as aflatoxins and other mycotoxins. This paper explores consumer preferences for quality aflatoxin-free peanuts, and how food safety concerns may impact willingness to pay more for safer foods. Incorporating ‘risky’ foods into random utility-maximization framework, we analyze contingent valuation survey data on Ghana. Model and survey results show consumers in Ghana approve of food aflatoxin regulations, and are prepared to pay price premiums as incentives to ensure supply of quality peanuts. Findings reveal that consumers prioritize food safety above prices in market decisions. People prefer introduction of aflatoxin regulations that would guarantee good health; useful information for policy makers in Ghana, Africa, and rest of the developing world.","PeriodicalId":52541,"journal":{"name":"Journal of Agricultural and Food Industrial Organization","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/JAFIO-2017-0015","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44596566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Estimates and Determinants of Armington Elasticities for the U.S. Food Industry 美国食品工业阿明顿弹性的估计和决定因素
Q3 Business, Management and Accounting Pub Date : 2018-01-11 DOI: 10.1515/JAFIO-2017-0040
L. Elena, Pagoulatos Emilio
This paper provides estimates of elasticities of substitution between domestic and imported goods for 40 4-digit S.I.C. food manufacturing industries and explains the inter-industry differences among these coefficients in terms of industry sectoral characteristics. The results show that there is a wide range of variation among such elasticities and that the intensity of each industry’s percentage of output sold to final consumers, foreign direct investment, expenditures on advertising and the existence of import quotas affect the degree of substitutability between domestic and foreign goods in the face of a relative price change.
本文对40个四位数食品制造业的国产和进口商品替代弹性进行了估计,并从行业部门特征的角度解释了这些系数之间的行业间差异。结果表明,在这种弹性之间存在很大的差异,并且在面对相对价格变化时,每个行业销售给最终消费者的产出百分比的强度、外国直接投资、广告支出和进口配额的存在都会影响国内和外国商品之间的可替代性程度。
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引用次数: 19
The Trade Impacts of a Food Scare: The Fonterra Contamination Incident 食品恐慌对贸易的影响:恒天然污染事件
Q3 Business, Management and Accounting Pub Date : 2018-01-11 DOI: 10.1515/JAFIO-2016-0031
Katarina Stojkov, Ilan Noy, Yiğit Sağlam
Abstract This paper examines the impact of a food contamination scare in the dairy sector on dairy exports. We investigate this question in the context of the 2013 Whey Protein Concentrate contamination incident in New Zealand. We assess the impact of this incident on dairy exports using synthetic control methods. A synthetic counterfactual scenario where the incident did not occur is developed using weighted information from other countries unaffected by the scare. We find that there was an initial negative shock to the exports of products that were thought to have been contaminated, but that there were no significant sustained impacts on other dairy products. The affected products made up only a small proportion of New Zealand dairy exports, with the vast majority of dairy exports being unaffected. Infant formula exports appear to have recovered more than a year after the scare. However, whey product exports (the contaminated product) remain lower than they otherwise would have been.
摘要本文探讨了乳制品行业的食品污染恐慌对乳制品出口的影响。我们在2013年新西兰乳清蛋白浓缩物污染事件的背景下调查了这个问题。我们使用综合控制方法评估了这一事件对乳制品出口的影响。使用未受恐慌影响的其他国家的加权信息,开发了一个没有发生事件的合成反事实场景。我们发现,最初被认为受到污染的产品的出口受到了负面冲击,但对其他乳制品没有重大的持续影响。受影响的产品仅占新西兰乳制品出口的一小部分,绝大多数乳制品出口未受影响。婴儿配方奶粉出口在恐慌一年多后似乎已经恢复。然而,乳清产品(受污染的产品)的出口量仍然低于其他情况。
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引用次数: 9
Russian Market Power in International Wheat Exports: Evidence from a Residual Demand Elasticity Analysis 俄罗斯在国际小麦出口中的市场力量:来自剩余需求弹性分析的证据
Q3 Business, Management and Accounting Pub Date : 2018-01-10 DOI: 10.1515/jafio-2016-0026
Kerstin Marit Uhl, O. Perekhozhuk, T. Glauben
Abstract Russia has emerged as a major wheat exporter since the beginning of the 2000s, and today, it possesses high market shares in several wheat-importing countries in the Middle East and North African region. This has raised concerns that Russia might abuse its dominant market position by pricing above marginal cost. Using a novel dataset with weekly information on Russian wheat exports, we apply the residual demand elasticity method to analyze the pricing behavior of Russia in its two most important export markets, i. e. Egypt and Turkey. Our estimation results reveal that Russia behaves competitively in Egypt while it exerts market power in Turkey with an estimated mark-up of 13.5 %.
摘要自2000年代初以来,俄罗斯已成为主要的小麦出口国,如今,它在中东和北非地区的几个小麦进口国拥有较高的市场份额。这引发了人们的担忧,即俄罗斯可能会滥用其市场主导地位,定价高于边际成本。利用一个包含俄罗斯小麦出口每周信息的新数据集,我们应用剩余需求弹性方法分析了俄罗斯在其两个最重要的出口市场的定价行为。 e.埃及和土耳其。我们的估计结果显示,俄罗斯在埃及表现出竞争力,而在土耳其发挥市场力量,估计价格上涨13.5 %.
{"title":"Russian Market Power in International Wheat Exports: Evidence from a Residual Demand Elasticity Analysis","authors":"Kerstin Marit Uhl, O. Perekhozhuk, T. Glauben","doi":"10.1515/jafio-2016-0026","DOIUrl":"https://doi.org/10.1515/jafio-2016-0026","url":null,"abstract":"Abstract Russia has emerged as a major wheat exporter since the beginning of the 2000s, and today, it possesses high market shares in several wheat-importing countries in the Middle East and North African region. This has raised concerns that Russia might abuse its dominant market position by pricing above marginal cost. Using a novel dataset with weekly information on Russian wheat exports, we apply the residual demand elasticity method to analyze the pricing behavior of Russia in its two most important export markets, i. e. Egypt and Turkey. Our estimation results reveal that Russia behaves competitively in Egypt while it exerts market power in Turkey with an estimated mark-up of 13.5 %.","PeriodicalId":52541,"journal":{"name":"Journal of Agricultural and Food Industrial Organization","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/jafio-2016-0026","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41718057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
期刊
Journal of Agricultural and Food Industrial Organization
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