A Microeconometric Analysis of Consumer Taste Determination and Taste Change for Beef
提出一种新方法,用家庭特征解释品味差异,并检验品味是否随时间变化。应用于美国牛肉需求数据,发现1977至1987年间结构性品味变化(非人口组成变化所致)下降了8%。
Abstract A new method for modeling determination of consumer taste and a test of the taste‐change hypothesis is presented. Taste varies across households because of differences in household characteristics. The method has a Multiple Indicator and Multiple Cause model interpretation, with taste as an unobserved variable. Taste indicators are residuals of regular household demand functions, the factors unexplained by prices and household expenditures. Taste‐cause variables are household characteristics and other variables. The proposed model is applied to U.S. beef demand using household data. Results show that structural taste changes, unexplained by changes in demographic composition, decreased 8% from 1977 to 1987.