CONSUMER DEMAND FOR EGGS AND MARKET IMPLICATIONS
James Blaylock and
Clark Burbee
No 277809, Staff Reports from United States Department of Agriculture, Economic Research Service
Abstract:
Domestic population growth and greater use of processed eggs over the past three decades offset the decline in per-capita shell egg use and left total egg consumption for domestic food purposes averaging about 5 billion dozen a year. This paper analyzes effects of prices, income, and household characteristics on the demand for eggs. Evidence from a complete demand system indicates that eggs are more price inelastic than either red meat or poultry. The own-price elasticity for eggs was found to be -0.1429. The income elasticity for eggs, derived from an analysis of the 1977-78 USDA Nationwide Food Consumption Survey, was estimated to be approximately -0.05. Region of household residence, season, race, age, and household size also influence egg consumption and expenditures.
Keywords: Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 19
Date: 1985-11
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:277809
DOI: 10.22004/ag.econ.277809
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