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Got Milk? Stockholm Municipality’s Own- and Cross-Price Elasticities for Organic and Conventional Milk Procurement

Nyberg, Daniel LU (2017) NEKP01 20171
Department 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.
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author
Nyberg, Daniel LU
supervisor
organization
course
NEKP01 20171
year
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},
  keyword      = {Organic Milk Consumption,Own-Price Elasticity,Cross-Price Elasticity,Public Procurement},
  language     = {eng},
  note         = {Student Paper},
  title        = {Got Milk? Stockholm Municipality’s Own- and Cross-Price Elasticities for Organic and Conventional Milk Procurement},
  year         = {2017},
}