The relevant restrictions for the separability test at the mean value were employed as following: γ??(β? + α?) - γ??(β? + α?) + (α?β? - α?β?)α? = 0 The null hypothesis that meat commodities are separable with non-meat food was not restric...
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https://www.riss.kr/link?id=A2029088
1995
Korean
404
학술저널
51-60(10쪽)
0
상세조회0
다운로드다국어 초록 (Multilingual Abstract)
The relevant restrictions for the separability test at the mean value were employed as following: γ??(β? + α?) - γ??(β? + α?) + (α?β? - α?β?)α? = 0 The null hypothesis that meat commodities are separable with non-meat food was not restric...
The relevant restrictions for the separability test at the mean value were employed as following: γ??(β? + α?) - γ??(β? + α?) + (α?β? - α?β?)α? = 0
The null hypothesis that meat commodities are separable with non-meat food was not restricted at a 5% level of significance. This implies that the separability assumption could be strongly plausible in the empirical work.
Own-price elasticities were negative. The fact implies meats concerned are normal goods as expected. The expenditure elasticities are saying that non-meat food is more elastic that meats. The compensated cross price elasticities shows some strong competitiveness in expenditures and/or strong substitutes between beef and pork in recent years. Also the rest of meats are net substitutes in the analysis period.
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