Recovering the Shadow Value of Nutrients

Timothy Beatty

American Journal of Agricultural Economics, 2007, vol. 89, issue 1, 52-62

Abstract: This article investigates the shadow values of twenty-eight different nutrients. It links the unit price of foods to the shadow values of nutrients by building on a utility theoretic model first proposed by Gorman. Maximum entropy principles are then used to reason consistently about the values of the parameters of interest. The resulting estimates are discussed and analyzed. Copyright 2007, Oxford University Press.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:89:y:2007:i:1:p:52-62

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