Rice demand in Vietnam: Dietary changes and implications for policy

Hoa Hoang and William H. Meyers

No 196621, 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: In this study AIDS and QUAIDS estimators with the 2010 VHLSS household survey show that rice is a normal good at the national level with an expenditure elasticity being 0.05. In addition, rice is found to be an inferior good for urban consumers and a normal good for rural consumers with expenditure elasticities being -0.18 and 0.14, respectively. Clearly rice is in transition from a normal good to an inferior good in Vietnam. Even for rural consumers at different income levels rice is estimated to be an inferior good for high-income consumers. In addition, robust Wald test and likelihood ratio test statistics verify that QUAIDS performs better than AIDS although both models yield similar results.

Keywords: Consumer/Household Economics; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 38
Date: 2015
New Economics Papers: this item is included in nep-sea and nep-tra
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea15:196621

DOI: 10.22004/ag.econ.196621

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