Advertising and Retail Promotion of Washington Apples: A Structural Latent Variable Approach to Promotion Evaluation
| dc.creator | Richards, Timothy J. | |
| dc.creator | Gao, Xiaoming | |
| dc.creator | Patterson, Paul M. | |
| dc.date | 2017-04-01T17:20:37Z | |
| dc.date.accessioned | 2026-07-09T04:01:46Z | |
| dc.description | "Commodity promotion" consists of many activities, each designed to contribute to a consumer's product knowledge or influence tastes. However, both knowledge and tastes are unobservable, or latent, variables influencing demand. This paper specifies a dynamic structural model of fresh fruit demand that treats promotion and other socioeconomic variables as "causal" variables influencing these latent variables. Estimating this state-space model using a Kalman filter approach provides estimates of both the system parameters and a latent variable series. The results show that these latent effects contribute positively to apple and other fruit consumption, while reducing banana consumption. | |
| dc.identifier | doi:10.22004/ag.econ.28547 | |
| dc.identifier | https://ageconsearch.umn.edu/record/28547/files/wp980005.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/28547 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/543721 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/28547 | |
| dc.title | Advertising and Retail Promotion of Washington Apples: A Structural Latent Variable Approach to Promotion Evaluation | |
| dc.type | Text |
