Identification of habit in Japanese food consumption
利用日本年度零售数据,采用Houthakker-Taylor状态调整模型估计五种商品的需求,发现肉类和谷物的消费存在显著滞后,表明习惯对这些商品很重要,海鲜也受部分习惯影响。
Abstract Demand models were estimated for five commodities using annual retail level Japanese data. Estimates were made with the Houthakker‐Taylor [Houthakker, H.S., Taylor, L.D., 1970. Consumer Demand in the United States; Analysis and Projections. Harvard University Press, New York, MA] state adjustment model. Significant lags were found for meat and cereal, which means that habit is important for these commodities. Some habit affects were also found for seafood.