n Analysis of Wine and Food Consumption Dynamics in Japan using a Vector Error Correction Model
n Analysis of Wine and Food Consumption Dynamics in Japan using a Vector Error Correction Model
复制标题
n 使用矢量误差校正模型分析日本的葡萄酒和食品消费动态
DOI：
10.1080/00036846.2016.1156230
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发表时间：
2016
影响因子：
2.2
通讯作者：
Makiko Omura
中科院分区：
文献类型：
--
作者：
大村真樹子;Makiko Omura
This article provides an analysis of long-term equilibrium relationships between wine and food-related consumptions in Japan through the vector error correction model. Utilizing longitudinal data from 1970 to 2009, the analysis suggests that wine consumptions and food-related consumptions are co-integrated. The investigation of orthogonal impulse response functions suggests that food-related items, such as bread, vegetables and eating out are positive factors for wine consumptions. With the expansion of wine consumption and diversification of food consumption patterns, wine is deemed to have gained its place in Japanese ordinary life, regardless of the general state of economy. The estimated results also provide a supporting evidence for previous cross-sectional study findings by others that wine consumers tend to have healthier diet. Despite the downward forecasts for economic performance and some food items, wine consumption is predicted to grow continuously.
