Younghyeon Jeon, Hoa Hoang, Wyatt Thompson, David Abler
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A meta-analysis of U.S. food demand elasticities to detect the impacts of scanner data
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.