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Effects of Health Information and Generic Advertising on U.S. Meat Demand
Author(s) -
Kinnucan Henry W.,
Xiao Hui,
Hsia ChungJen,
Jackson John D.
Publication year - 1997
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1243939
Subject(s) - consumption (sociology) , per capita , economics , value (mathematics) , contrast (vision) , agricultural economics , econometrics , statistics , mathematics , environmental health , population , medicine , social science , artificial intelligence , sociology , computer science
The dominant pattern in U.S. meat consumption over the past two decades has been a steady increase in per capita poultry consumption, largely at the expense of beef consumption. Our findings suggest that the major factor governing this pattern is structural change. Specifically, health information or trend was found to be significant in each of the four equations estimated in the Rotterdam system. Moreover, the health‐information elasticities in general are larger in absolute value than price elasticities, which suggests that small percentage changes in health information have larger impacts on meat consumption than equivalently small percentage changes in relative prices. The estimated effects of generic advertising, in contrast, were found to be modest and fragile.