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Titlebook: Market Interrelationships and Applied Demand Analysis; Bridging the Gap Bet Michael K. Wohlgenant Textbook 2021 The Editor(s) (if applicabl

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书目名称Market Interrelationships and Applied Demand Analysis
副标题Bridging the Gap Bet
编辑Michael K. Wohlgenant
视频video
概述Addresses the core issues facing economists concerning price determination in commodity markets.Provides a thorough and unified treatment of important concepts related to demand in a single source.Use
丛书名称Palgrave Studies in Agricultural Economics and Food Policy
图书封面Titlebook: Market Interrelationships and Applied Demand Analysis; Bridging the Gap Bet Michael K. Wohlgenant Textbook 2021 The Editor(s) (if applicabl
描述This textbook addresses the core issues facing economists concerning price determination in commodity markets, especially food and agricultural commodities. This book hones in on the conceptual basis of the various relationships, with special emphasis on market interrelationships, both horizontally and vertically. This book covers key concepts such as consumer demand theory; quality, heterogeneous goods, and cross section demand; derived demand, marketing margins, and relationship between output and raw material prices; retail-to-farm demand linkages, imperfect competition, and short-run price determination; dynamic consumer demand; and dynamic models of the firm..What makes this textbook of particular use to students is its focus on bridging the gap between theory and empirical analysis. Going from theory to empirics requires that we have data—time series or cross section—that match the theoretical constructs. Often the data match is not perfect, either by definition or how the data are computed. In addition to problems of matching data with theoretical constructs, students and researchers need to know how to specify, estimate, and interpret results within the context of imperfect
出版日期Textbook 2021
关键词Agricultural Economics; Food commodities; Demand Theory; Agricultural Commodity Markets; Consumption; App
版次1
doihttps://doi.org/10.1007/978-3-030-73144-1
isbn_softcover978-3-030-73143-4
isbn_ebook978-3-030-73144-1Series ISSN 2662-3889 Series E-ISSN 2662-3897
issn_series 2662-3889
copyrightThe Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
The information of publication is updating

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Michael K. Wohlgenanttändige Flora und Fauna entwickeln. Die meisten Organismen sind über die Nordsee eingewandert. Im nördlichsten Teil gibt es noch einige eiszeitliche Relikte, die hier von ihrem Hauptverbreitungsgebiet in der Arktis isoliert wurden. Mit abnehmendem Salzgehalt geht die Zahl der marinen Arten immer wei
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Introduction,from theoretical to empirics and the present book intends to bridge this gap. Going from theory to applications requires we have appropriate data—time series, cross section, panel—that match the appropriate theoretical counterparts. Often the data fail to match the theory so methods need to be devel
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,Consumer Demand—Theory,al comparative static results using the primal approach are derived in order to account for all factors affecting consumer behavior. The main result is the Fundamental Demand Matrix of Consumer Demand (Barten, .), giving comparative static results for Marshallian, Hicksian, and Frischian demand func
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,Consumer Demand—Separability and Commodity Aggregation,r, because of the large number of goods purchased by the consumer, there are literally thousands of individual goods and, therefore prices of related goods, one would need to include in the analysis to make it complete. Even for a modest number of commodities, there are still a relatively large numb
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,Consumer Demand—Empirical Analysis I, functional form specification and statistical specification. The functional form question has been a long-standing issue in the area of consumer demand analysis. There are scores of functional forms and a comprehensive review on the possibilities, strengths, and weaknesses is not possible in this b
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