Is urban food demand in the Philippines different from China?

Tomoki Fujii

No 18-2014, Working Papers from Singapore Management University, School of Economics

Abstract: It is essential to understand the consumption pattern of food and how it changes over time to formulate sound economic policies as well as marketing and pricing strategies. In this study, we estimate the Quadratic Almost Ideal Demand System with six rounds of the Family Income Expenditure Survey exploiting the conditional linearity of the demand system. We find that the Filipino diet has become westernized and that the changes in urban food demand elsticities are qualitatively similar to those in urban China, especially for meat, fruits, and vegetables. We also offer some policy and business implications.

Keywords: demand system; elasticity; generalized least-squares; iterated linear least-squares (search for similar items in EconPapers)
Pages: 24 pages
Date: 2014-10
New Economics Papers: this item is included in nep-agr, nep-cna and nep-sea
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Published in SMU Economics and Statistics Working Paper Series

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