Household Consumption of Food-Away-From-Home: Total Expenditure and by Type of Food Facility
Vicki McCracken and
Jon A. Brandt
American Journal of Agricultural Economics, 1987, vol. 69, issue 2, 274-284
Abstract:
Consistent with prior expectations based on household production theory, household income, time value, size and composition, and the environment in which production and consumption occurred were all important determinants of total household expenditures on food-away-from-home. However, the importance of these factors varied by type of food facility: conventional restaurants, fast-food facilities, and other commercial establishments. Decomposition of the tobit elasticities indicated the differential importance of market participation effects of household size, income, and time value by level of the variable and by type of food facility.
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:69:y:1987:i:2:p:274-284.
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