COMPARISON OF THREE FOOD CONSUMPTION ESTIMATION PROCEDURES

Mervin J. Yetley and Sovan Tun

No 276845, Staff Reports from United States Department of Agriculture, Economic Research Service

Abstract: Three food demand estimation procedures were compared to find which best measures the structure of food demand. These procedures were Seemingly Unrelated Regression, Block Additive, and Ordinary Least Squares. The focus was on food commodity substitution. The comparison of results was made on the basis of commodity demand and net change in calories consumed as estimated by each procedure. Each procedure projects a similar pattern of commodity demand and net caloric intake change. Overall, the Seemingly Unrelated RegressIcn procedure provides the most reasonable and consistent results.

Keywords: Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Pages: 33
Date: 1984-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:276845

DOI: 10.22004/ag.econ.276845

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