In my calculation, which you refer to (Bruers, 2024), I used the smaller own-price elasticities and higher cross-price elasticities of demand (based on Lusk, J. L., & Tonsor, G. T. (2016). How meat demand elasticities vary with price, income, and product category. Applied Economic Perspectives and Policy, 38(4): 673-711.), and perfect elasticity of supply. When I use your model, but using the Lusk & Tonsor elasticities of demand, I obtain an increase in chicken meat and pork, as in my original calculation. I agree that you used better estimates of own and cross price elasticities of demand (from a meta analysis, and from 2024 paper), so I have more confidence in your results.
When I did your calculations, I noticed a small typo in your paper, ‘Table 2, model input data’: I think L_d and L_s for chicken and pork should be reversed (your values for chicken correspond with my values for pork).
Nice work, Soemano. Strongly upvoted.
In my calculation, which you refer to (Bruers, 2024), I used the smaller own-price elasticities and higher cross-price elasticities of demand (based on Lusk, J. L., & Tonsor, G. T. (2016). How meat demand elasticities vary with price, income, and product category. Applied Economic Perspectives and Policy, 38(4): 673-711.), and perfect elasticity of supply. When I use your model, but using the Lusk & Tonsor elasticities of demand, I obtain an increase in chicken meat and pork, as in my original calculation. I agree that you used better estimates of own and cross price elasticities of demand (from a meta analysis, and from 2024 paper), so I have more confidence in your results.
When I did your calculations, I noticed a small typo in your paper, ‘Table 2, model input data’: I think L_d and L_s for chicken and pork should be reversed (your values for chicken correspond with my values for pork).