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Title: A review of the arts of estimating price-responsiveness of feed demand in the European Union
Authors: PEETERS, Ludo
Surry, Y
Issue Date: 1997
Citation: JOURNAL OF AGRICULTURAL ECONOMICS, 48(3). p. 379-392
Abstract: This paper-reviews the 'state of the art' of estimating price-responsiveness of the demand for feed ingredients in the European Union (EU). After a brief description of the main characteristics of the EU feed market, several modelling approaches are discussed, These have been categorised into three broad groups:(i) synthetic approaches: (ii) linear programming (LP) approaches; (iii) econometric approaches, Also, some recent extensions of the 'traditional' econometric approach are briefly reviewed, such as the construction of feed demand balances using incomplete information and the measurement of price-induced technical change. Finally, a number of methodological and practical issues are raised.
Notes: Limburgs Univ Ctr, Diepenbeek, Belgium. INRA, Ctr Rennes, F-35042 Rennes, France.Peeters, L, Limburgs Univ Ctr, Diepenbeek, Belgium.
URI: http://hdl.handle.net/1942/3274
ISI #: 000072708900006
ISSN: 0021-857X
Type: Journal Contribution
Validation: ecoom, 1999
Appears in Collections: Research publications

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