PROJECTING FOOD DEMAND: A COMPARISON OF TWO METHODS
Mervin J. Yetley and
Sovan Tun
No 277890, Staff Reports from United States Department of Agriculture, Economic Research Service
Abstract:
Results of food demand projections based on national aggregate data are compared to those based on micro, or subnational, data sources. Sri Lanka data for 1969/70 were used as a ease study. Both projection methods give similar results for total food demand. For individual commodities, aggregate projections are smaller than micro projections, with the exception of rice and vegetables. Micro projections may be more reliable because more factors underlying demand are taken into account. If used in development planning, the results of these projection procedures would lead to very different food production strategies.
Keywords: Agricultural and Food Policy; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 19
Date: 1986-07
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:277890
DOI: 10.22004/ag.econ.277890
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