Impacts of Food Consumption Lifestyle on the Expenditure for the Processed Food: Using Cluster Analysis and Matching Method

Misung Park

Journal of Rural Development/Nongchon-Gyeongje, 2014, vol. 37, issue 3

Abstract: This paper analyzes the impacts of food consumption lifestyle on the expenditure for the processed food. By factor and cluster analyses, food consumption lifestyles are classified into five different types; convenience-pursuing, new product-pursuing, homemade food-pursuing, brand-pursuing and wellbeing-pursuing are those identified lifestyles. In assessing the influence of lifestyle on food expenditure, we employ propensity score matching (PSM) in order to control the selection bias and endogeneity problem. The results of PSM analysis indicate that the expenditure on processed food of the consumers pursuing homemade food is 4,006~4,933 won lower than that of other types of consumers per visit of shopping. The expenditure on processed food of the consumers pursuing convenience is estimated to be 3,053~4,195 won higher than that of other types of consumers.

Keywords: Food; Consumption/Nutrition/Food; Safety (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/330628/files/RE37-3-02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:330628

DOI: 10.22004/ag.econ.330628

Access Statistics for this article

More articles in Journal of Rural Development/Nongchon-Gyeongje from Korea Rural Economic Institute Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().