A demand systems analysis of food commodities by US households segmented by income Academic Article uri icon

abstract

  • Using the 1987-88 Nationwide Food Consumption Survey, twelve food commodity groups were analyzed according to household poverty status. Parameter estimates were used to obtain subsistence expenditures, own-price elasticities, expenditure elasticities, and income elasticities. Own-price elasticities were similar between the income groups for most commodities. However, income elasticities were consistently higher for the lower-income group. The use of average estimates of price and income elasticities for the population as a whole for the projection of individual commodity demands is not likely to be successful if notable changes are evident in income distribution.

published proceedings

  • AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS

altmetric score

  • 6

author list (cited authors)

  • Park, J. L., Holcomb, R. B., Raper, K. C., & Capps, O.

citation count

  • 101

complete list of authors

  • Park, JL||Holcomb, RB||Raper, KC||Capps, O

publication date

  • January 1, 1996 11:11 AM

publisher