Short-Run and Long-Run Elasticities for Canadian Consumption of Alcoholic Beverages: an Error-Correction Mechanism/Cointegration Approach

Cross-section estimation of US demand for alcoholic beverage

“…Labys (1976), McGuinness (1980), Dufy (1983), Ornstein and Hanssens (1985), Ahtola er al. (1986, for Finland), Adrian and Ferguson (1987), Godfrey (1988), Atkinson et al (1990), Johnson et al (1992), Lee and Tremblay (1992), and Blaylock and Blisard (1993). Another set of studies involve estimation of demand systems for alcoholic beverages.…”

The Effect of Bottle Laws on Income: New Empirical Results

“…See Johnson et al (1992), Selvanathan, S. (2006) is $5,000, then a $428 annual transfer represents 8.6 percent of annual income. So while the overall effect of the deposit refund for many income levels may be very small, for the people falling into the lowest income bracket it is quite meaningful.…”

Modeling Japanese Tourism Demand for Asian Destinations: A Dynamic AIDS Approach

“…Edgerton et al (1996, p. 203) indicated that the intercept term in the LA/AIDS model (a i ) can be interpreted as the budget share on the subsistence, and assumed the subsistence budget share is equal both in the short-run and long-run. Therefore, the short-run elasticities can be calculated from the above formulas using the short-run parameters of the general dynamic LA/AIDS model, while their longrun counterparts are measured by using the same formulas and the estimated long-run values (Edgerton et al, 1996, p. 203;Johnson, Oksanen, Veall, & Fretz, 1992). The short-run expenditure, Marshallian (uncompensated) price, and Hicksian (compensated) price elasticities can be measured as…”