Demand for Food Away from Home in Slovakia
Jan Pokrivcak and
Marian Rizov ()
Czech Journal of Economics and Finance (Finance a uver), 2016, vol. 66, issue 4, 354-369
We analyze demand for food away from home (FAFH) in Slovakia by means of a double-hurdle model using recent Slovak Household Budget Survey data covering the period 2006–2012. The estimated unconditional income elasticity of FAFH demand (1.37) demonstrates that away-from-home eating is still perceived as a luxury by Slovak households. An important feature of our applied theoretical framework is measurement of the effect of a wife's opportunity cost of time. Results indicate that households where the wife is employed have significantly higher expenditure on FAFH compared to households where the wife is unemployed or a housewife. Further FAFH market growth can be expected in Slovakia in the future, driven by rising GDP, increasing participation of women in the job market, demographic changes towards an increase in the proportion of single-person households, and adoption of more individualistic lifestyles.
Keywords: demand; double-hurdle model; food away from home; Slovakia (search for similar items in EconPapers)
JEL-codes: C21 C24 D12 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Working Paper: Demand for food away from home in Slovakia (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:66:y:2016:i:4:p:354-369
Access Statistics for this article
More articles in Czech Journal of Economics and Finance (Finance a uver) from Charles University Prague, Faculty of Social Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Natalie Svarcova ().