Modeling Consumption with Limited Dependent Variables: Applications to Pork and Cheese. Dietary Assessment Research Series Report 3
September 1995 [95-SR 76]
Steven T. Yen, Helen H. JensenSuggested citation:
Yen, S.T. and H.H. Jensen. 1995. "Modeling Consumption with Limited Dependent Variables: Applications to Pork and Cheese. Dietary Assessment Research Series Report 3." Staff report 95-SR 76. Center for Agricultural and Rural Development, Iowa State University.
Abstract
The double-hurdle and infrequency-of-purchase models are applied to pork and cheese consumption using the 1987-88 Nationwide Food Consumption Survey data. Own-price effects on the probability and level of consumption are negative and significant for both pork and cheese, while income and cross-price effects are not significant.