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Demand Interrelationships Among Fruit Beverages

Published online by Cambridge University Press:  05 September 2016

Jonq-Ying Lee
Jonq-Ying Lee*
Affiliation:
Economic Research Department, Florida Department of Citrus, Department of Food and Resource Economics, University of Florida
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Abstract

In this study, both the Rotterdam model and the double logarithmic model were used to estimate the demand parameters for fruit beverages. The results show that: (1) under the conditions of block-independence and predetermined price changes, the Slutsky matrix for fruit beverages is symmetric and negative definite; (2) own-price elasticity estimates from both models are about the same; and (3) income elasticity estimates and cross-product relationships from the two models are not compatible.

Keywords

Rotterdam modelfruit beverageselasticities
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 16 , Issue 2 , December 1984 , pp. 135 - 144
Copyright
Copyright © Southern Agricultural Economics Association 1984

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