The Demand for Food Grain in China: New Insights into a Controversy

Xiaobo Zhang, Timothy D. Mount and Richard N. Boisvert

Agricultural and Resource Economics Review, 2001, vol. 30, issue 1, 1-9

Abstract: There is a substantial controversy in the economics literature over the magnitude of the expenditure elasticity for food grain in China that is caused, to a large extent, by whether time-series or cross-section data are used in the analysis. A set of reasonable elasticities for a complete demand system is estimated by using a panel of county level data in Guangdong Province for the last ten years. The results show that food grain has a small positive income elasticity, implying that food grain is not an inferior good in China. The reason that consumption per capita has not increased during a period of rapid economic growth in income is that the relative prices of the food and non-food substitutes for food grain have decreased.

Date: 2001
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