Consumption Dynamics in Inverse Demand Systems: An Application to Meat and Fish Demand in Korea

主讲人

Gary Wong

简介

<p>In this study, meat and fish consumption in Korea is depicted in the form of inverse demand systems taking into consideration the intertemporal consumption behavior presented in the data. The concept of intertemporal two-stage budgeting process is applied to this system which explicitly incorporates intertemporal consumption behavior as summarized by the Euler equation. Results based on Korean meat and fish products indicate that the proposed method is promising. Furthermore, prices of meat and fish are quantity inelastic while the prices of beef and pork are sensitive to changes in consumption scale.</p>

时间

2016-12-01(Thursday)16:40-18:00

地点

N303, Econ Building

讲座语言

English

主办单位

承办单位

类型

系列讲座

联系人信息

主持人

Minqiang Zhao

专题网站

专题

主讲人简介

<p>Associate Professor at Department of Economics, FSS, the University of Macau.</p> <p><a href="/Upload/File/2016/11/20161115090321397.pdf"><span style="color: rgb(0, 0, 255);"><u><strong>Gary Wong's CV</strong></u></span></a></p>

期数

“WISE-SOE”高级经济学系列讲座2016秋季学期第6讲(总第371讲)

主讲人: Gary Wong
主讲人简介:

Associate Professor at Department of Economics, FSS, the University of Macau.

Gary Wong's CV

主持人: Minqiang Zhao
简介:
系列讲座
时间: 2016-12-01(Thursday)16:40-18:00
地点: N303, Econ Building
期数: “WISE-SOE”高级经济学系列讲座2016秋季学期第6讲(总第371讲)
类型: 系列讲座