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Food Prices and Rising Energy Costs

Floyd A. Lasley

No 330151, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Food processors spent nearly 5 cents for fuel per each dollar of value added by manufacture in 1977--double the amount spent in 1972 and 1967. This study suggests that measuring energy costs as a percentage of the value added by production or manufacture and as a percentage of labor and management earnings may be better than the commonly used measurement of energy costs as a percentage of cash sales or expenses.

Keywords: Demand and Price Analysis; Marketing; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 22
Date: 1982-02
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:330151

DOI: 10.22004/ag.econ.330151

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