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  • Thumbnail for  The Influence of an Environmental Tax on Meat Demand in the United States
    The Influence of an Environmental Tax on Meat Demand in the United States by Eggink, Quinten

    This paper estimates the demand of beef, pork and chicken in the United States, in order to explore how the introduction of an environmental meat tax might impact meat demand. The agricultural industry, especially the production of meat, is widely attributed to the emission of greenhouse gases, which directly contributes to climate change. This study draws upon monthly data from the United States Department of Agriculture and the Federal Reserve Bank of St. Louis. Through multivariate regression and the log-log model, this paper estimates various elasticities. The results show an inelastic positive income price elasticity of demand for all meats, and an inelastic price elasticity of demand (PED) that is negative for beef and pork, but positive for chicken. However, due to the chicken’s positive PED, it is excluded from the modeled 10 % tax on meat. This study posits that the introduction of an environmental tax on beef and pork could reduce national greenhouse gas emissions by one thousandth of 2016 levels.