The Estimation of Food Demand Elasticities in Canada
Ruth Pomboza and
Msafiri Daudi Mbaga
No 52705, Economic and Market Information from Agriculture and Agri-Food Canada
Abstract:
Changing consumer and market demands is an important driver behind the challenges and opportunities that are facing the agriculture and agri-food sector in Canada and that will influence the sector's profitability and competitiveness in the future. It is therefore important to understand developments in the consumer demand for agriculture and agri-food products. The report provides updated demand elasticities for fourteen food groups in Canada. The estimates are useful for conducting analysis of the changing structure of the agriculture and agri-food sector and can help quantify the impacts that changes in economic variables and policies that impact those economic variables might have.
Keywords: Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Crop Production/Industries; Demand and Price Analysis; Financial Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; Labor and Human Capital; Land Economics/Use; Livestock Production/Industries; Marketing; Production Economics; Public Economics (search for similar items in EconPapers)
Pages: 63
Date: 2007-01
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaacem:52705
DOI: 10.22004/ag.econ.52705
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