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Original Articles

Co-integration and error-correction modelling of olive oil consumption in Greece

Pages 539-543 | Published online: 06 Oct 2010
 

Abstract

This paper provides an empirical analysis of olive oil consumption in Greece for the period 1969–1998 using co-integration analysis. The estimated long and short-run elasticities suggest that prices of olive oil and other seed oils are more significant determinants of olive oil consumption than disposable income.

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