CONSISTENT AGGREGATION IN FOOD DEMAND SYSTEMS

J. William Levedahl, Albert J. Reed and J. Stephen Clark

No 19653, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Two aggregation schemes for food demand systems are tested for consistency with the Generalized Composite Commodity Theorem (GCCT). One scheme is based on the standard CES classification of food expenditures. The second scheme is based on the Food Guide Pyramid. Evidence is found that both schemes are consistent with the GCCT.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 15
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19653

DOI: 10.22004/ag.econ.19653

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