The Impact of Households’ Characteristics on Food at Home and Food away from Home

GwanSeon Kim and Sayed Saghaian

No 229605, 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas from Southern Agricultural Economics Association

Abstract: In this research, we investigate the impact of income and household characteristics on food expenditures both at home and away from home, to identify the factors affecting total food expenditures. The main goal of this paper is to investigate how differently household food expenditures are affected by socio-economic characteristics and food stamp benefits. We use the 2013 Consumer Expenditure Survey (CES) dataset from the U.S. Bureau of Labor Statistics (BLS), and incorporate the Tobit model to calculate the marginal effects. The results show variables like male, white, employed, and geographic location have different impacts on food expenditures at home and away. Also, food stamp benefits affect food expenditure away from home negatively by $9.68, but affect food expenditure at home positively by $5.79. These results have implications for policy makers and analysts.

Keywords: Agribusiness; Agricultural and Food Policy (search for similar items in EconPapers)
Pages: 17
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea16:229605

DOI: 10.22004/ag.econ.229605

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