๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Regional variability of price and expenditure elasitcities: The case of spaghetti sauces

โœ Scribed by Seong-Cheon Seo; Oral Capps Jr.

Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
115 KB
Volume
13
Category
Article
ISSN
0742-4477

No coin nor oath required. For personal study only.

โœฆ Synopsis

Using IRI Infoscan data for six brands of spaghetti sauce and employing the Rotterdam model, estimates were obtained for own-price, cross-price, and total expenditure elasticities for 43 market areas of the United States. Variability of own-price, cross-price, and expenditure elasticities across different regions was evident, particularly for the own-price elasticities. Manufacturers may use our results to conduct appropriate pricing and promotion strategies by market and region.

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