
The generalized dynamic Rotterdam model was used in estimating U.S. demand for disaggregated catfish. The overall goal was to examine habit persistence in consumption and to determine the adjustment process in demand. Results indicated that it took up to 1 month for catfish-product demand to fully adjust to changes in expenditures and prices. Additionally, habit persistence played a role in demand where present consumption of a given product was positively affected by past consumption of that product. Consequently, U.S. catfish demand was significantly more elastic in the long-ran.
catfish, demand, dynamics, partial adjustment, Rotterdam model, Agribusiness, Consumer/Household Economics, Demand and Price Analysis, Food Consumption/Nutrition/Food Safety, Institutional and Behavioral Economics, C51, Q11, Q13, Q17,, Dynamic, Rotterdam model, catfish, demand, partial adjustment, Demand and Price Analysis, Research Methods/ Statistical Methods, Q11, Q13,
catfish, demand, dynamics, partial adjustment, Rotterdam model, Agribusiness, Consumer/Household Economics, Demand and Price Analysis, Food Consumption/Nutrition/Food Safety, Institutional and Behavioral Economics, C51, Q11, Q13, Q17,, Dynamic, Rotterdam model, catfish, demand, partial adjustment, Demand and Price Analysis, Research Methods/ Statistical Methods, Q11, Q13,
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| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Top 10% | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
