“…Pollak (1978) comes to the same conclusions in his treatment of habit formation. Coming from an empirical perspective, Burton and Young (1992) estimate static and dynamic demand systems for meat and fish and conclude that systematic, exogenous demand shifters related to consumers' changing tastes and preferences in response to external information can indeed be identified. However, they are unable to pinpoint the exact source of these shifters.…”
Section: Behavior Change Preferences and Utility Maximizationmentioning
“…Pollak (1978) comes to the same conclusions in his treatment of habit formation. Coming from an empirical perspective, Burton and Young (1992) estimate static and dynamic demand systems for meat and fish and conclude that systematic, exogenous demand shifters related to consumers' changing tastes and preferences in response to external information can indeed be identified. However, they are unable to pinpoint the exact source of these shifters.…”
Section: Behavior Change Preferences and Utility Maximizationmentioning
“…Instead, average short-run price elasticities for the EU were estimated from data for France (Allais and Nichèle 2007) and for the UK (Fousekis and Revell 2000;Fraser and Moosa 2002) and for Greece (Karagiannis et al 2000). These averages were then adjusted with a long-run adjustment factor estimated from the dynamic Almost Ideal Demand System (AIDS) models in Burton and Young (1992), Karagiannis et al (2000) and Allais and Nichèle (2007). Unconditional elasticities were derived following Carpentier and Guyomard (2001) and missing cross-price elasticities estimated by imposing symmetry conditions on the elasticity matrix.…”
Section: Tax-induced Changes In Food Consumption and Productionmentioning
Agriculture is responsible for 25-30% of global anthropogenic greenhouse gas (GHG) emissions but has thus far been largely exempted from climate policies. Because of high monitoring costs and comparatively low technical potential for emission reductions in the agricultural sector, output taxes on emission-intensive agricultural goods may be an efficient policy instrument to deal with agricultural GHG emissions. In this study we assess the emission mitigation potential of GHG weighted consumption taxes on animal food products in the EU. We also estimate the decrease in agricultural land area through the related changes in food production and the additional mitigation potential in devoting this land to bioenergy production. Estimates are based on a model of food consumption and the related land use and GHG emissions in the EU. Results indicate that agricultural emissions in the EU27 can be reduced by approximately 32 million tons of CO 2 -eq with a GHG weighted tax on animal food products corresponding to C60 per ton CO 2 -eq. The effect of the tax is estimated to be six times higher if lignocellulosic crops are grown on the land made available and used to substitute for coal in power generation. Most of the effect of a GHG weighted tax on animal food can be captured by taxing the consumption of ruminant meat alone.
“…The analysis presented below is based on a respeci® cation and extension of a meat demand system estimated by Burton and Young (1992). In that paper, changes in tastes over the data period (1961Ð 87) were captured by explicitly permitting systematic shifts in the structural relationship over time.…”
Section: I a Pp R O A C Hmentioning
confidence: 99%
“…imply that, other things being equal, the change in shares between quarters is equal to that generated by the equilibrium relationship. Burton and Young (1992), in their analysis of a similar data set, identi® ed substantial trends in meat demand, not associated with changes in prices or expenditure, and which suggested that changes in underlying tastes have occurred over a number of years. To allow for that possibility here, the model has been augmented by permitting the intercept term of the equilibrium relationship to evolve over time:…”
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