Preference shifts, structural breaks and the domestic demand for Chilean wine
This paper investigates possible changes in Chilean domestic consumer preferences for wine through the estimation of a demand function that allows for structural breaks and regime shifts in the cointegrating relationship. Our findings support both higher own-price elasticity and higher substitutabil...
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| Format: | Article |
| Language: | English |
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Sociedade Brasileira de Economia e Sociologia Rural
2004-09-01
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| Series: | Revista de Economia e Sociologia Rural |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032004000300005 |