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Some neglected issues in food demand analysis: retail‐level demand, health information and product quality
Author(s) -
Herrmann Roland,
Roeder Claudia
Publication year - 1998
Publication title -
australian journal of agricultural and resource economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 1364-985X
DOI - 10.1111/1467-8489.00057
Subject(s) - product (mathematics) , quality (philosophy) , aggregate demand , demand management , demand forecasting , economics , consumption (sociology) , demand patterns , food quality , on demand , econometric analysis , market demand schedule , derived demand , supply and demand , demand curve , environmental economics , microeconomics , econometrics , commerce , operations management , macroeconomics , monetary policy , social science , philosophy , geometry , mathematics , food science , chemistry , epistemology , sociology
Food demand analysis is dominated by the econometric estimation of demand systems based on aggregate market data and steady progress has been made in analytical techniques. Yet some issues have been neglected in food demand analysis which are crucial for understanding recent consumption trends in industrialised countries. Three of these issues are dealt with here: analysis of food demand at the retail level; influence of health information on food demand; and importance of product quality for food demand. It is shown that answers to important questions in these areas can be given when large and unconventional data sets are used.