Publications (2)0 Total impact
- [show abstract] [hide abstract]
ABSTRACT: This paper employs a latent variable approach to isolate the effects of changing tastes on the share of total meat expenditure on different categories of meat products in Greece during the period 1965–1995. We find that changes in the relative expenditure on different categories of meat cannot be explained by changes in the relative prices of the different meat products and increased expenditure alone. For pork products in particular, the increase in the share of expenditure has been greater than would be expected as a result of the relative fall in their price. The increase can therefore be associated with changes in taste. This finding is of general interest to those conducting empirical research into consumer behaviour both in economies where there have been significant changes in patterns of food consumption, and where, as in the case of many less industrialised economies, rapid structural changes in food consumption patterns are still to come. It is also of importance to policy makers in assessing the effectiveness of advertising or promotional campaigns in influencing longer term changes in consumer preferences for different products.Agricultural Economics. 02/2003; 28(2):139-150.
- Journal of Agricultural Economics. 02/1999; 50(1):36-47.