Testing the Engel Law for Turkey and Income Elasticity of Food Demand: Relationship of Budget Share of Food Expenditure with Household Profile and Total Expenditure (2003-2013)Abstract:This study set out to test the Engel-Law for the food expenditures in Turkey for 2003-2013 period and to estimate the income elasticity of food demand controlling the demographic characteristics of the households. Household Budget Survey data is used for the quantile regression estimation of the Working-Leser model. The results show that the income elasticity of food demand is between 0.62-0.79 for the period. The elasticity is smaller for the conditional quantiles of higher budget share of food. The findings include the relationships of the budget share of food with the age, education, and social security coverage of the household heads as well as with the household’s urban/rural location. The probable effects of the 2008 economic crisis also appears in the findings

Gökhan Aykaç

Sosyoekonomi Journal, 2018, issue 26(38)

JEL-codes: D10 D12 J10 R22 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:180407

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