Got Milk? Stockholm Municipality’s Own- and Cross-Price Elasticities for Organic and Conventional Milk Procurement
(2017) NEKP01 20171Department of Economics
- Abstract
- This thesis investigates Stockholm Municipality’s own-price elasticity for organic milk procurement and cross-price elasticity between organic and conventional milk procurement during 2008-2013. Using log-linear specifications with fixed effects, organic milk was found in most specifications to be relatively elastic, while the cross-price elasticity between organic and conventional milk suggests the two products are substitutes. The estimation strategy relies on the differences in milk consumption within and between organic and conventional product pairs.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8906075
- author
- Nyberg, Daniel LU
- supervisor
- organization
- course
- NEKP01 20171
- year
- 2017
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Organic Milk Consumption, Own-Price Elasticity, Cross-Price Elasticity, Public Procurement
- language
- English
- id
- 8906075
- date added to LUP
- 2017-05-08 09:17:07
- date last changed
- 2017-05-08 09:17:07
@misc{8906075, abstract = {{This thesis investigates Stockholm Municipality’s own-price elasticity for organic milk procurement and cross-price elasticity between organic and conventional milk procurement during 2008-2013. Using log-linear specifications with fixed effects, organic milk was found in most specifications to be relatively elastic, while the cross-price elasticity between organic and conventional milk suggests the two products are substitutes. The estimation strategy relies on the differences in milk consumption within and between organic and conventional product pairs.}}, author = {{Nyberg, Daniel}}, language = {{eng}}, note = {{Student Paper}}, title = {{Got Milk? Stockholm Municipality’s Own- and Cross-Price Elasticities for Organic and Conventional Milk Procurement}}, year = {{2017}}, }