... ß3RPCt + ß4RDIPHt + ß5TIME + ß6DUM96 + ?t, (2) QBt = ? + ß1RPBt + ß2RPPt + ß3RPCt + ß4RDIPHt + ß5TIME + ß6DUM96 + ß7QBt-1 + ?t, (3) QBt = ? + ß1RPBt + ß2RPPt + ß3RPCt + ß4RDIPHt + ß5TIME + ß6DUM96 + ß7QBt-1 + ß8RPLt +?t, (4) where:1 - QB is consumption of beef, measured in grams per person per week; - ? is intercept - RPP, RPC and RPL are the respective 'real' prices of pork, chicken and lamb, measured in pence per kilogram in 1985 prices (the retail price index for all food, 1985 = 100, was used to obtain real prices); - RDIPH is households' real disposable income per head (£, 1995 prices); - TIME is a linear trend such that 1966 = 1, 1967 = 2, etc.; - DUM96 is a binary variable equal to unity in 1996 and to zero in all other years; - QBt-1 is the lagged value of the dependent variable - ? is a random error term. ...

See this essay or coursework document in full right now