A Two-Stage Estimation of Elasticities for Disaggregated Salad Products
Demand elasticities are estimated for seven lettuce and leafy green products through two-stage estimation using data from the 2015 National Consumer Panel. Products are aggregated into categories by the amount of convenience they offer the consumer. The two least-convenient good categories—unprocessed lettuce and fresh-processed lettuce—are found to be inferior goods, while more convenient goods are found to be normal or even luxury goods. All seven categories are found to be own-price elastic.
Lobo_Thesis_Final.pdf (1017.11 KB) Author(s)
Lobo, AndrewPublication Date
2018