REVISITING ENGEL'S LAW: EXAMINING EXPENDITURE PATTERNS FOR FOOD AT HOME AND AWAY FROM HOME
Rodney Holcomb,
John Park and
Oral Capps
Journal of Food Distribution Research, 1995, vol. 26, issue 2, 8
Abstract:
Expenditure patterns were examined for food partitioned into food at home and away from home to test the veracity of Engel's law. The analysis employed several functional forms and a Heckman two-step methodology to account for censored-response bias. Engel's law was verified in every case.
Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (19)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:27224
DOI: 10.22004/ag.econ.27224
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